Since August, the price of light rare earth has risen continuously in the domestic market. According to the rare earth plate index of business society, the rare earth index on August 11 was 361 points, which was the same as yesterday, decreased by 63.90% compared with 1000 points (2011-12-06), and increased by 33.21% from 271 points, the lowest point on September 13, 2015. (Note: period refers to 2011-12-01 to now).
| PVA 2088 (PVA BP20) |
As of August 12, the price of praseodymium and neodymium oxide in domestic rare earth was 326500 yuan / ton, increased by 10.12% compared with 296500 yuan / ton at the beginning of the month; the price of praseodymium and neodymium alloy was 407500 yuan / ton, which was 8.38% higher than 376000 yuan / ton at the beginning of the month; the price of neodymium oxide was 345500 yuan / ton, 9.68% higher than that of 315000 yuan / ton at the beginning of the month; the price of metal neodymium was 432500 yuan / ton, an increase of 8 12%, praseodymium oxide, praseodymium metal and other rare earth prices have increased in varying degrees.
In August, the price of PR and nd Series in domestic light rare earth continued to rise. At present, the industry is full of confidence in the promotion of national reserve of rare earth, and the willingness of large factories to store up goods is stronger, which will continue to promote the price of medium and heavy rare earth. It is worth mentioning that the price of light rare earth is also supported by the expected rise of light rare earth included in the scope of collection and storage. On the other hand, the supply of PR and nd rare earth market in China is tight recently. In addition, the downstream inquiry has increased, and the major light rare earth manufacturers are reluctant to sell. The lower reaches feel the change of market sentiment and speed up the inquiry and procurement cycle. In terms of supply and demand, the price rise in the light rare earth market is also a big positive. The supply of light rare earth is small, and many downstream manufacturers have full orders in August, which makes it difficult for the demander to purchase, which pushes up the price and the domestic market price of light rare earth keeps rising.
In August, there was little change in the price of domestic legitimate, as of the end of the month, the price of dysprosium oxide was 1.865 million yuan / ton, and the price of dysprosium ferroalloy was 1.84 million yuan / ton. In the domestic rare earth collection and storage plan, medium and heavy rare earth accounted for a large proportion of the annual output, which is expected to have a greater impact on the supply and demand and price of medium and heavy rare earth. In addition, Myanmar’s customs clearance still has a tightening impact on the domestic import and supply of medium and heavy rare earth The price of some medium and heavy rare earths also rose. Domestic terbium supply is relatively tight, and manufacturers’ production is discontinuous. The price of terbium oxide and metal terbium has reached the high level in recent seven years. Recently, the market in the market has improved, and the domestic heavy rare earth price has maintained a high level. In addition, with the resumption of production and the recovery of terminal new energy vehicle market, domestic terbium rare earth supply is very tight, and the domestic price of terbium series rare earth is slightly higher.
| PVA |
The Ministry of industry and information technology issued the notice on the docking and implementation of preferential policies for rare earth industry. According to the notice, 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 the application of rare earth enterprises, and formed a collection of supporting policies for the resumption of work and production of rare earth industry. Favorable policies support the development of rare earth industry. Meanwhile, Sino US relations are tense. 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 in the rare earth industry. Recently, the supply of rare earth market is normal, and the demand has improved, and the domestic rare earth market is rising.
Recently, the domestic demand for rare earth has increased compared with that before, and the supply of medium and heavy rare earth market is still tense. Analysts of business agency believe that under the support of favorable domestic policies, China’s rare earth industry is expected to gradually move from “large” to “strong”, and the price of domestic rare earth market is expected to continue to rise.
| POLYVINYL ALCOHOL |