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SunSirs: China's Rare Earth Market Price Index Rose on February 9

February 10 2022 08:25:33     SunSirs (Linda)

On February 9, the rare earth index was 899 points, a decrease of 10.10% from the highest point in the cycle of 1000 points (2011-12-06), and an increase of 231.73% from the lowest point of 271 points on September 13, 2015. (Note: The cycle refers to 2011-12-01 to the present)

The domestic rare earth index rose sharply, the price of domestic light rare earth praseodymium and neodymium rose, the price of praseodymium and neodymium oxide rose by 20,000 yuan/ton to 975,000 yuan/ton, and the price of praseodymium and neodymium metal rose by 20,000 yuan/ton to 1.205 million yuan/ ton, the price of praseodymium oxide rose by 10,000 yuan/ton to 950,000 yuan/ton, the price of neodymium oxide rose by 15,000 yuan/ton to 1.095 million yuan/ton, and the price of metal praseodymium rose by 50,000 yuan/ton to 1.22 million yuan/ton. The price of neodymium metal rose by 65,000 yuan/ton to 1.335 million yuan/ton, the price of dysprosium oxide was 3.035 million yuan/ton, the price of dysprosium ferroalloy was 3.01 million yuan/ton, and the price of dysprosium metal was 3.83 million yuan/ton. The domestic light rare earth market The price trend is rising, and the recent procurement is general. The price of dysprosium in the domestic heavy rare earth market is temporarily stable, and the price of terbium is rising. The downstream purchase is mainly on demand. Myanmar has banned exports. It is expected that the price of the domestic rare earth market will mainly rise in the later period.

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