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Dy-Fe Alloy Dysprosium oxide Metal Dysprosium Metal Neodymium Metal praseodymium Neodymium oxide Pr-Nd Alloy Praseodymium neodymium oxide Praseodymium oxide News
SunSirs: Some Prices of Rare Earth in Domestic Market Rise on Sep 12
September 12 2019 17:42:29SunSirs(Linda)

SunSirs: Sep 12

On Sep 12, the Rare Earth Commodity Index is 381, 1 more than that of Sep 11, 61.90% lower than the peak of 1,000 in the cycle (Dec 6, 2011), and 40.59% higher than the lowest point of 271 (Sep 13, 2015). (Cycle: Dec 1, 2011 to date)

Rare-Earth Metal: the average price of Neodymium Metal raises 2,000RMB/t to 415,500RMB/t, the average price of Dysprosium Metal is 2,325,000RMB/t, the average price of Praseodymium Metal is 695,000RMB/t. Rare-Earth Oxide: the average price of Praseodymium-Neodymium Oxide is 330,500RMB/t, the average price of Dysprosium Oxide is 1,930,000RMB/t, the average price of Praseodymium Oxide is 382,500MB/t, the average price of Neodymium Oxide is 332,500RMB/t. Rare-Earth Alloy: the average price of Praseodymium-Neodymium Alloy raises 2,000RMB/t to 415,500RMB/t, the average price of Dysprosium Ferroalloy Alloy is 1,930,000RMB/t.

Recently, the prices of some products in the Rare Earth Market has been rising continuously, the trading of the domestic Rare Earth Market has been general. The prices of Dysprosium Terbium Metal and Dysprosium Terbium Oxide have remained at high, the inquiries for Praseodymium Neodymium Oxide have been increased, the price of light Rare-Earth Oxide has been rising. The light Rare-Earth merchants have been reluctant to sell, they are optimistic about the future market, therefore, the recent trading situation has been general. The supply of domestic Rare Earth is normal, the price fluctuation is related to the national environmental protection supervision. Rare earth’s production has particularity, especially the radiation hazard of some products, which makes environmental protection supervision more stringent. Under this circumstance, Rare Earth separation enterprises in several provinces have stopped their production, which has led to the general market volume of Rare-Earth Oxide, especially some mainstream ones, thus the price has a rising trend. Recently, the large enterprises have been reluctant to sell, the Rare-Earth Market has been general, and the turnover has not changed a lot.

The National Environmental Protection Department has not reduced its stringent efforts, which has a great impact on the Rare Earth industry, the operating rate has been low, the market has been cold, and there has been regulations of Rare-Earth industry in Jiangxi, a large province of Rare-Earth producing, all of which are good news to the Market. Recently, the NDRC and departments concerned have promoted effective measures urgently,strengthen the consolidation and made the related management mechanisms innovate and improved, in order to accelerate the construction of a development pattern which consists of a rational industrial structure, an advanced scientific and technological level, the effective resources protection and the orderly production and operation and to add the special value of Rare Earth as a strategic resource. The supply of raw ore resources in the upstream of the Rare Earth industry has shrunk, and people in the domestic market are waiting for the good news on policies and State Reserve.

Rare Earth analyst from SunSirs expects that some prices of Rare Earth will continue to rise, because the supply may reduce, caused by the strict environmental protection inspection and the regulation of the industry, but the downstream demand has supported it.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

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