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SunSirs: Rare Earth Price Index in China Market Rose on February 8

February 09 2022 08:31:26     SunSirs (Linda)

On February 8, the rare earth index was 880 points, a decrease of 12.00% from the highest point in the cycle of 1000 points (2011-12-06), and an increase of 224.72% from the lowest point of 271 points on September 13, 2015. (Note: The cycle refers to 2011-12-01 to the present)

China's rare earth index rose, the price of light rare earth praseodymium and neodymium in China rose, the price of praseodymium and neodymium oxide rose by 5,000 yuan/ton to 955,000 yuan/ton, and the price of praseodymium and neodymium metal rose by 20,000 yuan/ton to 1.185 million yuan/ton. The price of praseodymium oxide was 940,000 yuan/ton, the price of neodymium oxide increased by 20,000 yuan/ton to 1.08 million yuan/ton, the price of metal praseodymium was 1.17 million yuan/ton, and the price of neodymium metal increased by 10,000 yuan/ton to 1.27 million yuan/ton. ton, the price of dysprosium oxide is 3.035 million yuan / ton, the price of dysprosium ferroalloy is 3.01 million yuan / ton, the price of dysprosium metal is 3.83 million yuan / ton, the domestic light rare earth market price trend is rising, recent purchases are general, China's heavy rare earth market dysprosium series The price is temporarily stable, the price of terbium series is rising, the downstream purchase is mainly on-demand, and Myanmar is prohibited from exporting. It is expected that the price trend of the domestic rare earth market will mainly rise in the later period.

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