In recent years, the price of dysprosium and terbium Series in the domestic rare earth market has continued to rise. In recent years, the downstream inquiry has increased, and the price of heavy rare earth in the domestic market has increased significantly. However, the overall order transaction situation in the light rare earth market has declined, resulting in the price drop in the light rare earth market. According to the rare earth sector index of business association, on May 22, the rare earth index was 333 points, up 2 points from yesterday, down 66.70% from the highest point of 1000 points in the cycle (2011-12-06), and up 22.88% from the lowest point 271 on September 13, 2015. (Note: cycle refers to 2011-12-01 to now).
On May 22, the price of dysprosium oxide in rare earth increased by 50000 yuan / ton to 1.94 million yuan / ton in China; the price of dysprosium ferroalloy increased by 50000 yuan / ton to 1.9 million yuan / ton, the price of dysprosium metal increased by 50000 yuan / ton to 2.245 million yuan / ton, and the price of terbium oxide and metal terbium increased by 50000 yuan / ton. Recently, the market price of heavy rare earth kept rising.
| PVA |
Rare earth storage and collection plan is a good support for heavy rare earth market. In the domestic rare earth storage and collection plan, heavy rare earth accounts for a large proportion of annual production, which is expected to have a great impact on the supply and demand of heavy rare earth and the price. Considering that the current closure of Myanmar still has a tight impact on the domestic import and supply of heavy rare earth, once the storage and collection plan is implemented as scheduled, it will have a great impact on the supply and demand of heavy rare earth dysprosium and terbium Tightening and rising prices have a greater impact. In addition, with the increase of on-site inquiry in the near future, the price of heavy rare earth has increased, the contradiction between supply and demand is slightly acute, and the price of domestic heavy rare earth market continues to rise.
In the first ten days of May, the market inquiry of light rare earth increased, the price increased, and the downstream manufacturers’ mentality of buying up but not buying down increased the enthusiasm of stock preparation, the inventory of downstream manufacturers increased, and the inquiry decreased in the near future. The price demand of domestic light rare earth market showed signs of falling due to the high price. However, due to its relatively short distance from the low point, the possibility of a sharp fall in the near future is limited, and the price of praseodymium and neodymium Series in the near future is small Lower.
Policy: the Ministry of information issued the notice on the docking and implementation of preferential policies for rare earth enterprises, saying that the rare earth office entrusted China Nonferrous Metals Industry Association and China Rare Earth Industry Association to sort out and summarize the policy documents suitable for rare earth enterprise application, forming the collection of relevant supporting policies for rare earth industry resumption. The policy is favorable to support the development of rare earth industry, while the relationship between China and the United States is somewhat loose. The key products of rare earth trade between China and the United States are of great significance. The national policy is conducive to the balance of supply and demand of rare earth industry. In the near future, the supply of rare earth market is normal. However, due to the different market demand of light and heavy rare earth, the light and heavy rare earth present “ice and fire”.
In the near future, the domestic heavy rare earth market is well supported. In addition, once the rare earth collection and storage is implemented, it will bring greater benefits to the heavy rare earth market. However, the light rare earth market demand is not good, but the price is near the cost line, so there is little room for decline. Business analysts expect that the heavy rare earth market price will still rise in the later period, but the light rare earth market price may maintain a low volatility trend.
| POLYVINYL ALCOHOL |