On February 7, the rare earth index was 338, unchanged from yesterday, 66.20% lower than the cycle’s highest point of 1000 (2011-12-06), and 24.72% higher than the lowest point of 271 on September 13, 2015. (Note: cycle refers to 2011-12-01 to now).
| PVA 0588 ( PVA BP05) |
The average price of neodymium, dysprosium and praseodymium is 367500 yuan / ton, 2125000 yuan / ton and 645000 yuan / ton respectively. The average price of praseodymium neodymium oxide in rare earth oxide increased by 2000 yuan / ton, by 5000 yuan / ton to 281000 yuan / ton; the price of dysprosium oxide was 1.705 million yuan / ton; the average price of praseodymium oxide was 330000 yuan / ton; the average price of neodymium oxide increased by 1500 yuan / ton to 293500 yuan / ton. The price of praseodymium neodymium alloy is 358000 yuan / ton, and the average price of dysprosium ferroalloy is 1685000 yuan / ton.
The price trend of heavy and rare earths in the rare earth market is temporarily stable. The supply policy of domestic heavy and rare earths market is normal. Myanmar unilaterally closes the customs clearance port, the domestic supply is reduced, and the price trend of domestic heavy and rare earths is stable. In addition, the demand for permanent magnet has not changed much in the near future, the market trend of PR nd series products has increased slightly, the on-site supply is normal, the demand for light rare earth is general in the near future, and the market price has increased slightly. The price fluctuation of rare earth market is related to the national environmental protection supervision. Rare earth production has particularity, especially some products have radiation hazards, which makes the environmental protection supervision more strict. Under the strict inspection of environmental protection, the manufacturers reasonably controlled the sales. In addition, affected by the epidemic situation, some enterprises have not yet started construction, but the demand in the downstream has not changed much in the near future, and most rare earth prices are stable.
| PVA |
Geng Shuang, spokesman of the Ministry of foreign affairs, said that China is the world’s largest country in rare earth reserves and production, and plays an important role in the global rare earth industry chain. China has always adhered to the principle of openness, coordination and sharing, promoted the development of domestic rare earth industry, and is willing to use rare earth resources and products to meet the legitimate needs of the development of all countries in the world, so as to promote China’s economy and the world economy We will play a positive role in our development. China’s rare earth production accounts for 73% of the world’s total, ranking first in the world and playing an important role in the game between big countries. Rare earth PR nd and Dy TB are mainly used in NdFeB magnetic steel. Recently, the Ministry of industry and information technology and the Ministry of natural resources jointly issued a notice to release the total amount control indicators of rare earth mining and smelting separation and tungsten mining in 2019. The Ministry of industry and information technology of China announced that the total amount of rare earth mining and smelting separation in 2019 was 132000 tons and 127000 tons respectively, while the quota of rare earth mining in 2018 was 120000 tons, an increase of 12000 tons, and 2019 is the highest year since 2014. In addition, the Ministry of industry and information technology, together with relevant departments, drafted the development plan of new energy vehicle industry (2021-2035). After 15 years of continuous efforts, China’s core technology of new energy vehicles will reach the international leading level. By 2025, the proportion of new energy vehicle sales will reach about 25%. Driven by national policies, the supply and demand pattern of rare earth industry is expected to further improve, and China’s domestic demand is expected to further improve The price of heavy rare earth in the domestic rare earth market remained high.
Rare earth analysts of the business agency expect that the recent domestic environmental protection scrutiny will not be reduced, coupled with domestic support for the export market of the rare earth industry, and the supply and demand pattern is improving in a good way. It is expected that the price of heavy rare earth in the rare earth market will remain high, while the price of light rare earth will mainly fluctuate.
| POLYVINYL ALCOHOL |