On August 2, the domestic rare earth market price index fell sharply

On August 2, the rare earth index was 734 points, down 22 points from yesterday, down 27.11% from 1007 points (2022-02-24), the highest point in the cycle, and up 170.85% from 271 points, the lowest point on September 13, 2015. (Note: the period refers to 2011-12-01 to now)

 

The trend of domestic rare earth index fell sharply, the price of domestic light rare earth praseodymium and neodymium series fell sharply, the price of metal praseodymium and neodymium fell by 15000 yuan / ton to 955000 yuan / ton, the price of praseodymium and neodymium oxide fell by 17500 yuan / ton to 772500 yuan / ton, the price of neodymium oxide fell by 47500 yuan / ton to 807500 yuan / ton, the price of metal neodymium fell by 50000 yuan / ton to 1025000 yuan / ton, and the price of metal praseodymium fell by 20000 yuan / ton to 1135000 yuan / ton, The price of praseodymium oxide fell by 32500 yuan / ton to 822500 yuan / ton, the price of terbium oxide was 13.9 million yuan / ton, the price of metal terbium was 17.6 million yuan / ton, the price of dysprosium oxide was 2.315 million yuan / ton, the price of metal dysprosium was 3.08 million yuan / ton, the price of dysprosium ferroalloy was 2.31 million yuan / ton, the domestic light rare earth market price fell sharply, traders were generally active, metal factories were cautious, and they just needed to follow up. The price trend of dysprosium in the domestic heavy rare earth market was temporarily stable, The price trend of terbium series is temporarily stable, and the downstream purchase is mainly on demand. Myanmar prohibits exports, and it is expected that the domestic rare earth market will decline in the later period.

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