SunSirs: Rare Earth Price Index on the Chinese Market Rise on January 4
January 05 2022 08:28:52 SunSirs (Linda)
On January 4, the Rare Earth Index was 809 points, a decrease of 19.10% from the cycle highest point of 1,000 points (2011-12-06), and an increase of 198.52% from the lowest point of 271 points on September 13, 2015. (Note: Period refers to 2011-12-01 to present).
The domestic rare earth index is rising. The price of domestic light rare earth praseodymium and neodymium series has increased. The price of praseodymium neodymium oxide rose by 7,500 yuan/ton to 852,500 yuan/ton, and the price of praseodymium neodymium metal rose by 20,000 yuan/ton to 1.055 million yuan/ton. The price of praseodymium oxide was 875,000 yuan/ton, the price of neodymium oxide was 925,000 yuan/ton, the price of metal praseodymium was 1.14 million yuan/ton, the price of neodymium metal was 1.14 million yuan/ton, and the price of dysprosium oxide increased by 15,000 yuan/ton to The price of dysprosium alloy is 2.92 million yuan/ton, the price of dysprosium ferroalloy is 2.9 million yuan/ton, the price of dysprosium metal is 3.75 million yuan/ton, some prices in the domestic light rare earth market have risen, and recent purchases have been general. The price of dysprosium in the domestic heavy rare earth market has risen, and the price of terbium has increased. There was a slight increase, mainly downstream on-demand procurement, and Myanmar banned exports. It is expected that the domestic rare earth market prices will rise slightly in the later period.
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