On November 17, the rare earth index was 335, the same as yesterday, 66.50% lower than the highest point in the cycle, 1000 (2011-12-06), and 23.62% higher than the lowest point, 271 on September 13, 2015. (Note: cycle refers to 2011-12-01 to now).
The average price of neodymium, dysprosium and praseodymium in rare earth metals decreased by 1000 yuan / ton to 358500 yuan / ton, 2035000 yuan / ton and 650000 yuan / ton respectively. In rare earth oxides, the average price of praseodymium neodymium oxide decreased by 2000 yuan / ton to 281500 yuan / ton; the price of dysprosium oxide was 1.55 million yuan / ton; the average price of praseodymium oxide decreased by 10000 yuan / ton to 335000 yuan / ton; the average price of neodymium oxide decreased by 2000 yuan / ton to 283500 yuan / ton. The price of praseodymium neodymium alloy in rare earth alloy decreased by 2000 yuan / ton to 358500 yuan / ton; the average price of dysprosium ferroalloy was 1.56 million yuan / ton.
The price of rare earths in the domestic market fell on the 18th. The trading market of rare earths in the domestic market was average. Recently, the legitimate price in the domestic market has been maintained, but the price of terbium metals and oxides has declined, while the price of heavy rare earths has not improved much. In the near future, the inquiry list of praseodymium neodymium oxide and neodymium oxide has declined, and the price of light rare earth oxide has declined slightly. In the near future, the light rare earth merchants in the field are not in good condition, and the recent trading situation in the field is general. The supply of rare earth in China is normal. The price fluctuation of rare earth market is related to the environmental protection supervision in the whole country. The production of rare earth is special, especially the radiation hazards of some products make the environmental protection supervision more strict. Metal enterprises and downstream magnetic material enterprises are weak in purchasing after and before the festival due to the surplus of purchasing before the festival. In addition, the price of rare earth has declined compared with the previous period, and the wait-and-see mood is strong. Under the strict environmental protection inspection, rare earth separation enterprises in many provinces have stopped production, resulting in the general market supply of rare earth oxides, especially some mainstream rare earth oxides, which are in normal supply, and the market price trend of rare earth is declining. In the near future There is a strong wait-and-see mood among large enterprise groups in the market. The rare earth market is generally trading, and the trading volume is at a low level.
Ministry of industry and information technology (MIIT) reported on November 8 that the Ministry of industry and information technology (MIIT) and the Ministry of natural resources (MRR) issued the notice on the total amount control indicators of rare earth mining, smelting separation and tungsten mining in 2019. The total amount control indicators of rare earth mining and smelting separation in 2019 were 132000 tons and 127000 tons respectively. The total control index of tungsten concentrate (65% of tungsten trioxide) mining in China is 105000 tons, including 78150 tons of main mining index and 26850 tons of comprehensive utilization index. In addition, the national environmental protection department has made unremitting efforts in strict inspection, which has a great impact on the rare earth industry. The rare earth industry has a relatively low start-up situation, and the market situation is cold, which has brought some good support to the rare earth market. On November 14, 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 been adhering to the principle of openness, coordination and sharing, promoting the development of domestic rare earth industry, and is willing to meet the legitimate needs of the development of all countries in the world with rare earth resources and products, so as to promote the development of China’s economy and the world economy In addition, the national development and Reform Commission and other relevant departments should take effective measures to rectify and standardize the industry, innovate and improve the relevant management mechanism, accelerate the construction of an industry development pattern with reasonable industrial structure, advanced scientific and technological level, effective resource protection and orderly production and operation, and give full play to the special value of rare earth as a strategic resource The supply of resources has shrunk, and people in the domestic market are waiting for the specific good news from the policy and the State Reserve.
Rare earth analysts of the business society expect that in the near future, the intensity of strict environmental protection inspection in China will not be reduced. In addition, the order of the rare earth industry will be rectified in China. The supply of rare earth industry in Jiangxi will probably maintain a low level. However, in the near future, the national rare earth export will obtain favorable support. It is expected that the rare earth market will maintain a low level and there is little room for continuous decline.
