The price of rare earth in China’s domestic market fell sharply in October

In October, the price of domestic rare earth market fell sharply. Influenced by domestic policies and the reopening of Myanmar customs, the trend of domestic rare earth market fell sharply. According to the business society rare earth sector index, on October 30, the rare earth index was 342 points, up 1 point from yesterday, down 65.80% from the cycle’s highest point of 1000 (2011-12-06), and up 26.20% from the lowest point of 271 on September 13, 2015. (Note: cycle refers to 2011-12-01 to now).


Magnesium Sulphate

As of October 31, the average price of neodymium, dysprosium, and praseodymium in the rare earth metals in China was 370500 yuan / ton, down 9.08% in October, 2025000 yuan / ton, 12.9% and 660000 yuan / ton, respectively, down 5.04% in October. In rare earth oxides, the average price of praseodymium neodymium oxide is 294500 yuan / ton, with a decrease of 7.24% in October; the price of dysprosium oxide is 1535000 yuan / ton, with a decrease of 17.69% in October; the average price of praseodymium oxide is 355000 yuan / ton, with a decrease of 7.19% in October; the average price of neodymium oxide is 296500 yuan / ton, with a decrease of 7.20% in October. The price of praseodymium neodymium alloy in rare earth alloy is 370500 yuan / ton, with a drop of 9.08% in October; the average price of dysprosium ferroalloy is 1535000 yuan / ton, with a drop of 17.69% in October.


In October, the price trend of dysprosium terbium series of heavy rare earth dropped sharply. Myanmar has passed the customs, the supply pattern of domestic heavy rare earth market has changed, and the domestic supply has increased. In addition, the domestic demand is limited in the near future, and the domestic price has dropped sharply. In the near future, the domestic policy is still fermenting, which brings some good expectations for the domestic heavy rare earth market.


Since October, the price of light rare earth in the rare earth market has changed frequently. In October, the price of praseodymium and neodymium products dropped sharply, the price of neodymium oxide and praseodymium and neodymium oxide fell sharply. In addition, the downstream demand for light rare earth has not improved significantly. A small amount of replenishment is needed by downstream businesses. The actual transaction price is still at a low level, and there is a strong wait-and-see mood in the market. In the middle of October, the market price of light rare earth dropped successively, but 10 At the end of the month, the market price of light rare earth rose, but the increase was very limited. 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. 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 Large enterprise groups in the market are reluctant to sell, rare earth market is general, and trading volume has little change.


sulphamic acid

In the near future, the national environmental protection department has made unremitting efforts to inspect the rare earth industry. Jiangxi Province has strengthened the supervision of the rare earth industry, 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. Recently, the supervision group of the State Council went to Jiangxi Province to supervise rare earth enterprises. This supervision focused on the major deployment of the Party Central Committee and the State Council, highlighted the key and difficult issues in the field of economic operation and reform and development, focused on the strong blocking points and pain points reflected by the people and market subjects, and promoted the implementation of various work. In addition, the national development and Reform Commission and the relevant departments have taken effective measures to rectify and standardize the industry, innovated and improved the relevant management mechanism, accelerated the construction of an industry development pattern with reasonable industrial structure, advanced scientific and technological level, effective resource protection and orderly production and operation, effectively utilized the special value of rare earth as a strategic resource, and the supply of raw ore resources in the upstream of the rare earth industry has shrunk , people in the domestic arena are waiting for the specific good news of the policy and the national reserve.


Rare earth analysts of the business club expect that in the near future, the intensity of strict environmental protection inspection in China will not be reduced. In addition, the order of rare earth industry will be rectified in China, and the supply of rare earth industry in Jiangxi will be maintained at a low level. However, the downstream demand for rare earth will not be improved in the near future. It is expected that the market price of heavy rare earth in the rare earth market will be maintained at a low level, but the market price of light rare earth will be improved.

Sulfamic acid