SunSirs: The Downstream Procurement of rare Earth Market is very Cold Recently
March 03 2023 09:51:15
The latest price of Dy-Fe Alloy (March 1): 2.09 million RMB/ton is bearish in the future
Key points of analysis: On March 1, the price fell by 3.24%. In the near future, the demand of rare earth market is difficult to improve. The downstream magnetic material enterprises still focus on digesting the inventory. The order situation is poor, and the purchase is very light. The demand for metals in the rare earth market is still not improved. Some metal factories have almost no transactions. In addition, the transaction of rare earth oxide inquiry is not optimistic, and the prices of the holders continue to decline. Recently, the downstream procurement is very cold, and the production enterprises are gradually returning to work, and the market price of rare earth is lower.
Aftermarket forecast: in the near future, the rare earth downstream merchants have weak procurement, poor demand, and the upstream supply has increased, the supply and demand contradiction is sharp, and the transaction situation is rare. In the short term, the rare earth market price is mainly declining.
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