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Bearheart company is an industry leading provider of rare earth or custom magnets for your project requirements. Request a quote, or contact us today.
  • NdFeB Magnet

    A neodymium magnet (also known as NdFeB, NIB or Neo magnet), the most widely used type of rare-earth magnet, is a permanent magnet made from an alloy of neodymium, iron and boron to form the Nd2Fe14B tetragonal crystalline structure.
    NdFeB Magnet
  • AlNiCo Magnet

    Bearheart offers both cast and sintered Alnico Magnets in a variety of grades, including Alnico 2, Alnico 5, Alnico7 and Alnico 8.  Our large selection of available Alnico magnetic alloys helps achieve the best balance of cost, magnetic performance, and operational temperature resistance for your specific application.
    AlNiCo Magnet
  • SmCo Magnet

    Known as SmCo magnets, samarium cobalt magnets are part of the rare-earth family of permanent magnets along with neodymium magnets. Samarium Cobalt rare earth magnets are often used in high temperature applications needing high magnetic performance and where magnetic stability over a wide range of temperatures is important.
    SmCo Magnet
  • Ferrite Magnet

    Permanent ferrite magnets, also known as ceramic magnets,  ferrites have high coercivity, so are difficult to demagnetize. They are used to make permanent magnets for applications such as refrigerator magnets, loudspeakers, and small electric motors.
    Ferrite Magnet
  • Rubber Magnet

    Flexible magnets (strip and sheet) are a type of magnet made from ferrite powder and rubber polymer resin. These bendable magnets are not as durable as heavy, solid magnets; but they offer a lightweight alternative that can be cut into a variety of shapes and used for a wide range of applications in factories, schools, homes and businesses.
    Rubber Magnet
  • Magnetic Assembly

    A magnet assembly incorporates magnet and non-magnet materials, usually magnetizing them together to create a stronger magnetic circuit.  The non-magnet materials typically incorporate mounting mechanisms for holding applications, and also protect the magnet material from damage during use.
    Magnetic Assembly
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12

Years Experience

Xiamen BearHeart Imp&Exp Co., Ltd.
Bearheart CO., is a professional manufacturer and exporter that is concerned with the design, development and production of magnets. We provide all types, grades, shapes, and sizes of magnets including neodymium magnets, ceramic magnets, flexible magnets, AlNiCo magnets, SmCo magnets and magnets assemblies. All of our products comply with internati...
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Advantages
The BearHeart Co is one of the perennial suppliers in the Magnet&Plastic industry with a long track records of outstanding service, prices, & diverse product lines to suit any budget. The goal of BearHeart: We build business!   Product is our soul! All through these years we help our clients develop their own brands birth from just a simple idea. Our ability to search&combine all kinds of productive&design resources in China makes us stand out from our competitors.   Quality is our culture! We carefully choose whom we ...
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Service
We offer custom-made magnets, fit to your unique needs. Our services include designing, advising and immaculate quality control examinations, suitable for the highest standards worldwide.Just in Time Delivery. Let us put our knowledge and experience to work for you by utilizing our highly-skilled technical experts to solve your magnetic needs.  Whether it's sizing your magnet to fit an application, choosing the most cost-effective material or just helping you get started with what is available in the market, our engineering team ...
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About Us
Our team
We supply custom made permanent  industrial magnets and support custom magnetic solutions for your Needs. Our team will be happy to assist your company, R&D, prototyping, magnetic design, mass production, special grades or shapes – we know our business and will be happy to supply you with information, magnets sample and help.
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Leo

Leo

Managing Director

Nicholas

Nicholas

Product Engineer

Lyanna

Lyanna

Marketing Director

Hot Products
BearHeart can provide an extensive range of Magnets and Magnetic Products. Our Magnets for sale are suitable for lifting, holding, cleaning, signage for commercial and industrial or home/office applications. Contact now, we're here to help!
  • Custom Guitar Pickup Magnets

    AlNiCo Rod Magnets For Guitar Pickups

    Alnico is an acronym referring to aluminum (Al), nickel (Ni) and cobalt (Co). These elements are combined with iron, copper and sometimes titanium to create permanent magnets that are excellent for high-temperature use and offer good corrosion resistance.  
  • Sintered Samarium Cobalt Disc Magnets

    Custom Samarium Cobalt Disc Magnets

    Samarium cobalt (SmCo) is a type of rare-earth magnet that has the ability to operate in high temperatures and has superior resistance to corrosion. SmCo permanent magnets are characterized by excellent resistance against rust and oxidation and high-performance consistency at temperature 200°C -300°C. SmCo magnets are widely applied in motors, meters, sensors, detectors, radars and other hightech instruments. The main component of SmCo magnets being precious rare earth, the price of SmCo magnets is relatively higher with high quality and reasonable prices. 
  • Rare Earth Neodymium Disc Magnets

    N52 Permanent Neodymium Disc Magnets

    A Neodymium magnet, also known as NdFeB or Neo magnet, is the strongest known type of permanent magnet. Because of their lightweight, strength and the consistency of their magnetization, Neodymium Magnets have become a popular choice for a wide variety of applications, from loudspeakers to magnetic therapy jewelry.
  • large Neodymium block magnets

    Strong neodymium block magnets for motors

    Sintered Neodymium Iron Boron (NdFeB), the most powerful Rare Earth magnet available today, possesses high energy ranging from 8MGOe to 52MGOe and wonderful coercive force. As the third generation of Rare Earth permanent magnet, NdFeB products are quite a bit less expensive and are mechanically stronger and less brittle than SmCo, also density of NdFeB products is about 13% smaller than SmCo products. Because NdFeB magnets are more prone to oxidation than any other magnet alloy, for most applications, coating or plating the magnets is recommended.
  • Speaker ferrite ring magnets

    Ferrite ring magnets for Speakers

    Ferrite Ring magnets are made specifically for loudspeaker systems to crafts and toys and their sizes have evolved with demand from this market.
  • Arc Ferrite magnet for Motor

    Arc Segment Ferrite Magnets For Motors

    Ferrite permanent magnets are mainly made of SrO or Fe2O3 materials. Comparing with neodymium magnet , ferrite magnet is harder and brittle, with lower magnetic performance. But it has excellent resistance to demagnetization and corrosion. Due to simple production techniques and more favorable price, ferrite magnets have the highest yield in magnet industry, widely applied to different fields.
  • Flexible Rubber Magnetic Sheets

    Custom Flexible Rubber Magnetic Sheets

    Flexible Magnetic Sheeting is produced with calendering process. It is normally used in office appliance, advertising, checking and testing meters etc
  • Rubber Coated Pot Magnets

    Rubber Coated Magnets For Holding Base

    Rubber coated neodymium magnets give great durability and high friction. The rubber coating acts as a protection for the Neodymium Magnet against chipping and exposure to liquids. Rubber coated neodymium magnets are used in many holding applications.
Custom Guitar Pickup Magnets

AlNiCo Rod Magnets For Guitar Pickups

Alnico is an acronym referring to aluminum (Al), nickel (Ni) and cobalt (Co). These elements are combined with iron, copper and sometimes titanium to create permanent magnets that are excellent for high-temperature use and offer good corrosion resistance.  
Sintered Samarium Cobalt Disc Magnets

Custom Samarium Cobalt Disc Magnets

Samarium cobalt (SmCo) is a type of rare-earth magnet that has the ability to operate in high temperatures and has superior resistance to corrosion. SmCo permanent magnets are characterized by excellent resistance against rust and oxidation and high-performance consistency at temperature 200°C -300°C. SmCo magnets are widely applied in motors, meters, sensors, detectors, radars and other hightech instruments. The main component of SmCo magnets being precious rare earth, the price of SmCo magnets is relatively higher with high quality and reasonable prices. 
Rare Earth Neodymium Disc Magnets

N52 Permanent Neodymium Disc Magnets

A Neodymium magnet, also known as NdFeB or Neo magnet, is the strongest known type of permanent magnet. Because of their lightweight, strength and the consistency of their magnetization, Neodymium Magnets have become a popular choice for a wide variety of applications, from loudspeakers to magnetic therapy jewelry.
large Neodymium block magnets

Strong neodymium block magnets for motors

Sintered Neodymium Iron Boron (NdFeB), the most powerful Rare Earth magnet available today, possesses high energy ranging from 8MGOe to 52MGOe and wonderful coercive force. As the third generation of Rare Earth permanent magnet, NdFeB products are quite a bit less expensive and are mechanically stronger and less brittle than SmCo, also density of NdFeB products is about 13% smaller than SmCo products. Because NdFeB magnets are more prone to oxidation than any other magnet alloy, for most applications, coating or plating the magnets is recommended.
Speaker ferrite ring magnets

Ferrite ring magnets for Speakers

Ferrite Ring magnets are made specifically for loudspeaker systems to crafts and toys and their sizes have evolved with demand from this market.
Arc Ferrite magnet for Motor

Arc Segment Ferrite Magnets For Motors

Ferrite permanent magnets are mainly made of SrO or Fe2O3 materials. Comparing with neodymium magnet , ferrite magnet is harder and brittle, with lower magnetic performance. But it has excellent resistance to demagnetization and corrosion. Due to simple production techniques and more favorable price, ferrite magnets have the highest yield in magnet industry, widely applied to different fields.
Flexible Rubber Magnetic Sheets

Custom Flexible Rubber Magnetic Sheets

Flexible Magnetic Sheeting is produced with calendering process. It is normally used in office appliance, advertising, checking and testing meters etc
Rubber Coated Pot Magnets

Rubber Coated Magnets For Holding Base

Rubber coated neodymium magnets give great durability and high friction. The rubber coating acts as a protection for the Neodymium Magnet against chipping and exposure to liquids. Rubber coated neodymium magnets are used in many holding applications.
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Latest News
Keep an eye on the latest news to learn more about magnets.
The price of domestic heavy rare earth market has risen sharply
2

Mar 2021.

The price of domestic heavy rare earth market has risen sharply

The main factor for the sharp increase in domestic heavy rare earth market prices is the sharp contradiction between supply and demand. On the supply side: The situation in Myanmar is not optimistic. The global supply of rare earths is relatively concentrated. Myanmar is one of the production areas second only to China and the United States. Myanmar has a greater impact on the domestic heavy rare earth market products, and the source of imported goods has been greatly reduced. The contradiction between supply and demand in the domestic heavy rare earth market has led to a sharp increase in the price of heavy rare earths. In addition, the domestic heavy rare earth production is normal, and the large domestic demand for heavy rare earths can be described as powerless. The domestic rare earth purchasing and storage plan is a big positive for supporting domestic heavy rare earth prices. On the demand side: downstream demand continues to expand, and the demand for permanent magnets has continued to increase recently. New energy vehicles have been on fire from 2020 to 2021. According to insiders, the rare earth gap may continue throughout 2021. The main rare earth materials of high-performance NdFeB are light rare earth praseodymium and neodymium oxide, heavy rare earth dysprosium oxide and terbium oxide, which are used in new energy vehicles, wind power, energy-saving inverter air conditioners, traditional automobiles and other fields. According to statistics, new energy vehicles continue to set a single-month historical record of sales. According to data released by the China Association of Automobile Manufacturers, in January, the production and sales of new energy vehicles were 194,000 and 179,000 respectively, a year-on-year increase of 285.8% and 238.5% respectively. Downstream demand is rising. It is said that the demand gap has been increasing. Due to the tight supply in the terbium market and the imbalance between supply and demand, the market price of terbium has reached a high level. The domestic rare earth index began to rise in November 2020, and the rare earth index of the business community has increased by about 200 points in the past four months. The price increase in the domestic light rare earth market is also quite astonishing. Domestic new energy vehicle sales have increased, and terminal industries such as wind power and electronic products have developed rapidly. As the epidemic slows down, downstream manufacturers’ capacity utilization rate continues, and demand is mainly for on-demand procurement. The demand for neodymium iron boron is still high. New energy vehicles and The boom in the consumer electronics industry has also boosted the price of rare earths. Data shows that the current global demand for high-performance NdFeB is mainly concentrated in the automotive sector (traditional cars are close to 40%, and new energy vehicles account for more than 12%). The rest are wind power, consumer electronics, inverter air condition...
Resume work notice
22

Feb 2021.

Resume work notice

Dear customers, Happy Spring Festival! I hope this joyful festival would bring you happiness as well. We return to work today, and the factory has resumed normal production. Orders will gradually come in after the holiday, our products cover rare earth neodymium magnets and all kind of magnetic assemblies.    If you have any inquiries , please feel free to contact us at the email:   info@xm-bearheart.com. We will send you our best offer and delivery time as soon as possible. Thank you in advance ----XIAMEN BEARHEART MAGNETS
Holiday notice --- 2021 Chinese New Year
8

Feb 2021.

Holiday notice --- 2021 Chinese New Year

Dear customers, Please note that our company will be closed for the Chinese New Year celebration from February 9th until February 18th. Normal business will resume on February 19th. If you have any urgent issue during the holidays, please feel free to call us at +86-15160715383, For any inquiries and supports,please send an email to info@xm-bearheart.com and we will response it as soon as possible. Thanks for your kind understanding. Wishing you good luck and prosperity in 2021. Happy New Year.
Analysis of the supply and demand pattern of rare earths in 2021
1

Feb 2021.

Analysis of the supply and demand pattern of rare earths in 2021

Core logic In the first half of 2020, due to the precipitous decline in demand for rare earths in the first half of 2020, companies passively destocked them; in the second half of the year, demand rises and production capacity cannot keep up. At present, the overall demand exceeds 5,000 tons per month, which is basically in short supply. It is expected that this pattern will continue in the first and second quarters of 2021, and the price of rare earths is expected to continue to rise. The main reasons supporting the increase in rare earth prices this round: At present, the market expects that NdFeB will double in the next 5 years, and the high-performance NdFeB may double by 1.5 times. The production capacity in 2021 will be about 80,000 tons. This is likely to be these high-performance NdFeB by 2025. It may demand up to 250,000. To this end, all major companies are expanding production to prepare for future consumption upgrades. The three main types of rare earths include dysprosium oxide, terbium oxide and neodymium praseodymium oxide. The lowest price of neodymium praseodymium oxide was 250,000. The current quotation is more than 460,000. It has risen to more than 300,000 and has been called back. After 400,000, it has been called back, and then it has risen to 460,000. It is initially expected that the price may reach 500,000 before the Spring Festival and 600,000 after the Spring Festival. Dysprosium oxide has been driven upwards from around 1.5 million, driven by demand, and is currently quoted at 2.2 million. Dysprosium oxide is currently expected to reach 2.5 million before the Spring Festival, and it is likely to break through 3 million after the Spring Festival. The price of terbium oxide has continued to rise from 3.5 million at the beginning of 2020, adjusted to 4 million, to 5 million, and has now rushed to 8.8 million. The most important downstream application terminal of all the elements of rare earth is rare earth permanent magnets, which can account for 80% of the output value of rare earth consumption. Other products have relatively low market value and relatively small consumption, and have little effect. The significant increase in demand for magnetic materials is mainly for air conditioners, electric bicycles, new energy vehicles and wind power. New energy field: The growth rate is very high but the increase is not large. It is still the initial stage of the increase, and the increase will be more obvious as the production and sales increase. Global new energy vehicles are expected to reach 3 million in 2021, and there will be more than 10 million in 2025. Europe, the United Kingdom and China plan to suspend production of original vehicles around 2030. On average, a new energy vehicle consumes about 3 kilograms of neodymium iron boron. According to the current production capacity, there is a very large gap. Air conditioning field: Under the new standards for energy saving and consumption reduction, the demand for neodymium i...
China's exports of rare earth permanent magnet products continue to rise in December 2020
25

Jan 2021.

China's exports of rare earth permanent magnet products continue to rise in December 2020

In December 2020, my country’s total exports of rare earth permanent magnet products (including rare earth permanent magnets, quick-setting permanent magnet sheets, magnetic powder and other neodymium iron boron alloys) totaled about 4,535 tons, with an export value of approximately US$198 million. Compared with November, the export volume and export value of my country's rare earth permanent magnet products increased significantly in December, the export volume increased by 17.4%, and the export value increased by 16.8%. Compared with the same period last year, the export volume and export value of my country's rare earth permanent magnet products also increased substantially in December this year. The export volume increased by 15.4% and the export value increased by 17.0%. The overall average export price of rare earth permanent magnet products in December was basically the same as the previous month, with a slight decrease of 0.5%, an increase of 1.5% over the same period last year (the average price of neodymium praseodymium metal in December increased by 11.8% from the previous month and 43% from the same period last year) . Among all export products, the export volume of rare earth permanent magnets was about 3922.9 tons, an increase of 19.4% month-on-month and a year-on-year increase of 12.9%. The average export price was approximately US$46,300/ton, a decrease of 2.3% month-on-month and an increase of 1.6% year-on-year.
China's rare earth export volume drops sharply in 2020, average price rises slightly
18

Jan 2021.

China's rare earth export volume drops sharply in 2020, average price rises slightly

According to customs statistics, in 2020, China's rare earth export volume will be greatly reduced and prices will rise slightly, exports have fallen to the lowest point in five years, and the average export price has risen to the highest point in five years. Specifically, China’s exports of rare earths in 2020 were 3,5447.5 tons, a 23.5% year-on-year decrease, and the year-on-year decline for the second consecutive year, and the year-on-year change rate showed a continuous downward trend. The figure below shows the export volume of rare earths from 2013 to 2020 In terms of prices, the average export price of rare earths increased slightly by US$0.2/kg to US$9.7/kg in 2020. Data analysis shows that since 2017, the average export price has shown a slight upward trend. Since 2017, the growth rate of China's rare earth exports has decreased for the first time. In 2018, trade frictions began to hinder global investment and trade, and the global application of rare earths has decreased. In addition, the ensuing outbreak and spread of the new crown pneumonia epidemic affected production, consumption, and trade and led to a global economic recession, which led to a decrease in rare earth consumption. In addition, countries’ emphasis on rare resources and environmental protection, as well as targeted countermeasures against trade frictions have more or less strengthened the control of China’s rare earths, leading to an accelerated decline in rare earth exports. The increase in rare earth prices is the effect of changes in the supply and demand pattern. It is the change of short positions under the influence of the epidemic in the first half of the year. It is the rise of the return to Chinese manufacturing under the raging global epidemic. Consumption continues to escalate, demand increases rapidly, and the prices of raw materials for bulk commodities in China continue to rise. , Rare earth is just in response to the current surge in raw material prices. Rare earth, as a strategic resource and special material, has attracted much attention. After many rapid rises and falls, the market lacks durability and confidence. When supply and demand really change, there will inevitably be doubts again, but this time the price of rare earths is stepped The rise has already explained the development trend of the industry.
The reason and impact of the main raw material price increase of permanent ferrite
11

Jan 2021.

The reason and impact of the main raw material price increase of permanent ferrite

Permanent ferrite is one of the three main magnets in the magnetic material industry, and it is widely used in various fields of manufacturing. my country is a major producer of permanent ferrite products, with an output of 800,000 tons in 2016 and more than 600 manufacturers. With the gradual recovery of the world economy and the rapid development of my country's economy, my country's permanent ferrite industry has developed well this year, and its production and sales have shown rapid growth.  However, in recent years, the prices of the main raw materials of permanent ferrites have been rising all the way, which seems to have a tendency to "overwhelm the golden mountains", causing the whole industry to become anxious frequently. First, the price of strontium carbonate has risen sharply, from 4,300 yuan/ton at the beginning of the year, to 4,900 yuan/ton in October, and then to 6,800 yuan/ton now. This is still the batch price, and the small batch market price has reached 7500 yuan/ton. The second is the serious imbalance between supply and demand and the serious shortage of supply. Calculated from the total demand of the industry, my country's permanent magnet ferrite needs about 120,000 tons of strontium carbonate each year, with an average of about 10,000 tons per month. According to the current understanding, the production restriction and suspension of strontium carbonate have become an industry phenomenon after October this year. The production capacity has dropped from more than 20,000 tons per month to more than 5,000 tons, and only about 40% of them are supplied to the permanent ferrite industry. This shows that industry shortages can be imagined. Third, the price of cobalt raw materials has continued to rise since the beginning of the year, starting from 130,000 yuan/ton last year and rising to the current 350,000 yuan/ton, which is expected to reach a high of 400,000 yuan.  The main reason for the rapid increase in the above raw materials is that due to the centralized actions of national environmental inspections, smog remediation and corporate rectification, the production of strontium carbonate concentrated areas and many larger manufacturers have suspended work and restricted production. Large enterprises such as Hebei Xinji, Zhengding, Shandong Zaozhuang and Hongdie basically stopped production, Nanjing Jinyan limited production by 50%, and most of those small enterprises were also in a state of suspension. The shortage of raw materials has sharply pushed up the price of strontium carbonate.  At the same time, my country's cobalt resources are very scarce. Low-grade, high-impurity, difficult to process, mostly imported from Congo and other countries. The country's strong support for new energy vehicles has promoted the rapid development of the industry. The demand for cobalt for new energy vehicles has increased significantly, which has greatly impacted the price market of cobalt, causing the price of cobalt to con...
12.28-12.31 Rare Earth Weekly Review
4

Jan 2021.

12.28-12.31 Rare Earth Weekly Review

This week (12.28-12.31, the same below), as the last week of the 2020 epidemic, all rare earth products ended at a high level, and the overall trend was stable but strong. Products of various series may be stable or rising, and the current purchase inquiry temperature is still high , After the material festival, there is a high probability that the current trend will be maintained.rare earth magnets supplier Looking back on 2020, the overall trend of rare earths first declined and then increased. The demand fluctuations under the influence of the epidemic were extremely obvious, resulting in the overall trend being at a low level in the first three quarters, but it rose strongly at the end of the year. Compensation orders began to be concentrated in November, although there were some in the middle. It fluctuates slightly, but the overall strong trend continues for a long time and runs through the end of the year. Looking to 2021, although the impact of the epidemic is still inevitable in the short term, from the perspective of the current downstream lock orders, the demand for the next month can still support the current high level. high quality neodymium magnets This week, neodymium praseodymium products are still rising, but relative to the quotation, the transaction and the rate of increase are lagging behind. In addition, the leading metal price control measures are extremely firm, the metal neodymium praseodymium relative to the praseodymium oxide has begun to reverse. The transactions and quotations of major major manufacturers have far exceeded the upper limit set by the leading manufacturers this week, and small and medium-sized manufacturers have reached the original ceiling this week. At the same time, the quotation of praseodymium and neodymium oxide has risen again. Affected by this, the quotations of raw materials such as sludge have also been raised this week.strong magnets manufacturer Terbium oxide continues to rise, and this week's increase once again hit a significant range of 300,000 to 400,000 yuan/ton. Relatively concentrated inventory and continuous demand have caused terbium oxide bulk cargoes to fail to meet downstream demand. The reluctance to sell is accompanied by high transactions, and the market's bullish peak has reached another height. Driven by terbium products, dysprosium oxide and dysprosium iron continued to rise slightly this week, but the scope of dysprosium iron substitution is still not broad, and the rise of terbium products has not weakened. The remaining heavy rare earth products also maintained a steady trend this week, with a slight increase in gadolinium products and a steady increase in holmium products. As of December 31, the quotations of some rare earth products: neodymium praseodymium oxide 408,000 to 412,000 yuan/ton; neodymium praseodymium metal 508,000 to 512,000 yuan/ton; neodymium oxide 508,000 to 513,000 yuan/ton; neodymium metal 6.2-62.5 million yuan /Ton; dysprosium oxide 1.3-195 million y...
China's exports of rare earth permanent magnet products in November
28

Dec 2020.

China's exports of rare earth permanent magnet products in November

In November 2020, my country's total exports of rare earth permanent magnet products (including rare earth permanent magnets, quick-setting permanent magnet sheets, magnetic powder and other NdFeB alloys) totaled about 3862 tons, with an export value of approximately US$169 million. Compared with October, the export volume and export value of my country's rare earth permanent magnet products increased significantly in November, the export volume increased by 8.7%, and the export value increased by 9.4%. Compared with the same period last year, the export volume and export value of my country's rare earth permanent magnet products in November this year increased significantly, with the export volume increasing by 15.7% and the export value increasing by 16.2%. The average export price of rare earth permanent magnet products in November increased by 0.6% from the previous month and 0.4% from the same period last year (the average price of praseodymium and neodymium metal in November increased by 12.8% from the previous month and by 26.5% from the same period last year). Among all export products, the export volume of rare earth permanent magnets was about 3,285.6 tons, an increase of 2.7% month-on-month and 13.6% year-on-year. The average export price was about US$47,400/ton, an increase of 3.3% month-on-month and 1.3% year-on-year. In November, the top three major exporters of my country's rare earth permanent magnet products were still Germany, the United States, and Japan. Japan jumped to the first place in monthly export volume for the first time this year.
12.14-12.18 Rare Earth Weekly Review
21

Dec 2020.

12.14-12.18 Rare Earth Weekly Review

This week (12.14-12.18, the same below) the mainstream rare earth products quickly stabilized after a short and slight decline. Neodymium praseodymium rebounded slightly under the support of continuous demand. Dysprosium products also recovered due to the support of enterprises. The steady trend of terbium products turned into Accelerate the rise. As the long supply-demand seesaw of light rare earths approaches the equilibrium point this week, the downstream cautious mindset has cooled down and procurement has gradually recovered. The upstream will no longer blindly increase prices and the quotations tend to be normal.China magnets supplier The leading group still maintains its underpricing measures against neodymium praseodymium this week, but after last week’s adjustment and transition, the downward speed of neodymium praseodymium slowed down significantly this week. The quotations of major major manufacturers slowly adjusted in place, the price of neodymium praseodymium quickly stabilized, and downstream fear of falling began to ease Replenishment gradually. Metal factories began to purchase oxides based on order scheduling, and low-priced bulk cargoes quickly cleared out. The quotations of small and medium-sized enterprises moved closer to mainstream manufacturers, and the bidding mentality weakened. Rare earth neodymium magnets supplier The rebound of Neodymium praseodymium after external underpricing is weaker than the previous time, and this rebound did not trigger the continued rise of upstream companies. In addition to the continued group underpricing measures, the upstream and downstream industries that have suffered from price fluctuation I look forward to a stable state of mind. Dysprosium products also achieved a rebound this week. The quotations of mainstream companies have never been lowered. Although bulk cargo transactions have lowered the transaction price of Dysprosium, the duration is relatively short. As the trend of dysprosium oxide stabilizes, Heavy Rare Earth Group once again implemented price stabilization measures. The transaction of Dysprosium gradually recovered to the price level before the fall. In a strong supply and demand environment, terbium products have not been linked by the fluctuations of praseodymium, neodymium and dysprosium products this time. They remained stable during the weaker period of the overall trend, and continued to rise when the overall rebound, and the rate of increase was more obvious. neodymium magnets wholesaler As of December 18, the quotations of some rare earth products: neodymium praseodymium oxide 397,000 to 402,000 yuan/ton; neodymium praseodymium 50-505,000 yuan/ton; neodymium oxide 4.9-495 million yuan/ton; neodymium metal 5.9-595,000 yuan /Ton; dysprosium oxide 1.9-21.94 million yuan/ton; dysprosium iron 1.91-1193 million yuan/ton; terbium oxide 675-685 million yuan/ton; metal terbium 8.6-8.7 million yuan/ton; gadolinium oxide 175-178 million yuan /Ton; iron gadolinium 175-178 tho...
12.7-12.11 Rare Earth Weekly Review
14

Dec 2020.

12.7-12.11 Rare Earth Weekly Review

This week (12.7-12.11, the same below) the rare earth market experienced more turbulence, and the impact of policies and companies was more obvious. Although demand support is still there, the overall market performance is weak under the premise of stabilizing prices. Among them, the active underpricing of praseodymium and neodymium showed a passive downward pressure at a high position. Dysprosium products were positively realized and the amplitude was far lower than expected. The remaining products were stable or weak. In the future, the high adjustment will continue. The overall trend of rare earths has continued to rise for more than a month, and downstream companies are increasingly calling for price stabilization. In view of the development of the entire industry chain, policy induction and corporate regulation have begun to put pressure on the trend of rare earths. Rare Earth Permanent Magnet supplier Northern Rare Earth Group listed 100 tons of spot metals on Baotou Rare Exchange twice this week, and removed it twice. The price was lowered twice for the first time on the shelf. The price on the shelf was lowered from 540,000 yuan/ton to 500,000 yuan/ton. The prevailing metal transaction price was between 540,000 and 560,000 yuan/ton. This 100-ton source caused severe shocks to the market. Traders quickly lowered their quotations, and some real-time transactions dropped by 10%. At that time, although most praseodymium and neodymium manufacturers still adhered to their quotations or temporarily stopped quoting, downstream purchases have begun to be cautious. Some metal orders have been cancelled or returned, and prices have stabilized but downstream The practice of buying up and not buying down has led to a decrease in trading volume. Permanent Rare Earth NdFeB Neodymium Magnet After the listing of North Rare Earth, it was temporarily lowered and listed on the rare stock exchange. Under the support of demand, the neodymium praseodymium oxide companies began to pull the price. On Wednesday and Thursday, the transaction price of neodymium praseodymium oxide rose from 400,000 yuan/ton to 410,000 yuan/ton. The popularity of the material inquiry resumed immediately. However, on Friday, Northern Rare Earth once again put on the shelves of the original 100 tons of metal, and the short-term increase was immediately news, followed by the rush of bulk cargo and the wait-and-see downstream. On Friday afternoon, Northern Rare Earth once again removed spot metals from the shelves. Although it just reacted, the market trend has shown signs of repetition. Heavy rare earth products have achieved the long-awaited policy "good" this week, but the magnitude and strength are far below industry expectations. The good is almost never materialized, and the resulting bad news follows. Heavy rare earth dysprosium products rushed out of shipments, feared high shipments, and cover shipments became more extensive, and the transaction price of dysprosium oxide declined....
11.30-12.4 Weekly Review of Rare Earths
7

Dec 2020.

11.30-12.4 Weekly Review of Rare Earths

This week (11.30-12.4, the same below), the overall market maintained an upward trend. Among them, neodymium praseodymium quickly stopped falling after a short-term high and stabilized and continued to rise. Heavy rare earth not only dysprosium and terbium, but other products also achieved significant increases. The demand side will continue to exert force for a long time and will continue to support the rare earth market, and the upward trend after adjustment by small fluctuations is more rational and solid. Rare earth neodymium magnets manufacturer The rebound in downstream demand is not a short-lived outbreak. According to feedback from magnetic companies, the current order heat is expected to continue at least this month. The long-term demand support will inevitably determine the trend of rare earth products to maintain a strong momentum. Therefore, although there was a high drop last week, it will not Tumbled and will continue to rise in the future. On the other hand, the prices of various products are currently at high levels. Last week’s excessive false high quotations and pull-ups have seriously hindered the progress of the delivery of orders for magnetic materials companies. Due to sudden cost increases, the high levels have dropped slightly, and downstream orders have also There was a stagnant transition during the negotiation period. The trend after the high level adjustment will inevitably reach a consensus point in the stalemate between the upstream and downstream. Although demand determines that there is still a rise, the rise must be relatively stable and controllable. This week, we can see that the growth of praseodymium and neodymium is relatively slack. After the rapid stabilization, it is accompanied by a small increase and maintains a steady state, creating a healthy business environment for the upstream and downstream. With the excessive trend from skyrocketing to stable, terminal and downstream bargaining disputes ended and reached an agreement, the lock-in of orders and prices reduced the risk, and some orders began to return. The shortage of spot circulation of neodymium praseodymium metal and some heavy rare earth products still exists even during the decline period last week. After the rebound this week, metal companies reported that procurement resumed, and the production delivery date was postponed again. At present, most major metal manufacturers praseodymium neodymium metal delivery date has already Until late January next year. At the same time, due to the absence of sales pressure, major metal manufacturers offer relatively high prices and more stringent payment methods. The rare earth market is still a seller's market and it is not expected to change for at least 12 months. permanent neodymium magnets. Compared with the adjusted praseodymium and neodymium, the phenomenon of heavy rare earth expansion still exists. In addition to the elements used in magnetic materials such as dysprosium, terbium, gadolinium and ho...
11.23-11.27 Rare Earth Weekly Review
30

Nov 2020.

11.23-11.27 Rare Earth Weekly Review

This week (11.23-11.27) the rare earth market has seen a lot of turning points. At the beginning of the week, neodymium praseodymium products continued their upward trend last week and experienced a short-term surge. As the price rises rapidly, the price of neodymium praseodymium tends to calm down. Then the heavy rare earth dysprosium began to rise in relay, while the remaining heavy rare earth products remained stable. The emergence of the skyrocketing pattern was unexpected. Its rate of increase rose from an average of 5% per day to 10% on Tuesday. The upstream temptation to pull up gradually loses its sense as prices push up, and the downstream and terminal cost pressures skyrocketed to resist the emotional savings. After a long time, it finally broke out, and the high quotation no longer has transaction support. The fear of heights that prevailed in the industry during the skyrocketing period caused some upstream companies to watch the wind and take the lead in shipping. The falsely high quotation bubble quickly burst, and the transaction of neodymium praseodymium began to fall from a high level, but the supply and demand basis that supported the original upward trend was still there. There was no plunge and the adjustment range was relatively moderate. As the skyrocketing price of praseodymium and neodymium turned into calmness, the Heavy Rare Earth Group once again pulled up dysprosium oxide. The acquisition of dysprosium oxide restarted, and the acquisition price increased significantly. Although there were many restrictions on the scope of the acquisition, the market responded quickly and coordinated. There was a step-wise jump in the transaction of dysprosium oxide, but the stamina was lacking, and the subsequent transaction upward adjustment speed was relatively slow. Terbium oxide products are still tentatively rising this week, but with the transaction price of terbium oxide exceeding 6 million yuan/ton, the market is also keen on heights, and the upward transaction speed has begun to slow down and tend to be stable. At the beginning of the week, the quotations of terbium oxide from upstream holders were confusingly high, and some manufacturers' quotations were even as high as 6.5 million yuan/ton, while the real transaction at that time was only about 5.95 million yuan/ton. An increase in the quotation has a general effect on raising the transaction, but Terbium oxide still has a certain gain this week. In order to cope with the rise of heavy rare earths, relevant news in Myanmar spread in due course. Relevant information is nothing more than border blockade, shutdown of mines and so on. As far as the situation with the relevant personnel in Myanmar is concerned, the "good customs closure" is somewhat different from the actual situation, and the current situation of Myanmar's rare earth mines is not much different from before. Certain borders between China and Myanmar do exist, but they are mainly used for epidemic prevention and co...
11.16-11.20 Rare Earth Weekly Review
23

Nov 2020.

11.16-11.20 Rare Earth Weekly Review

This week (11.16-11.20, the same below) the rare earth market ushered in the best market stage of the year, and various products continued to increase significantly and the rate of increase accelerated. Under the tight situation of rare earth spot circulation, downstream orders appeared concentratedly at the end of the year, purchase inquiries were proactively frequent, and transaction prices in the seller's market continued to rise. Demands for 3C, micromotors, compressors, etc. continued to support the trend of rare earths this week. Magnetic material companies extended the stocking period to late December. Some of them are even scheduled for next year’s raw materials. The delivery time of separation plants and metal plants is tight, and futures transactions are extended along with the delivery time. The upward adjustment, the bullish sentiment is unified and strong, a small amount of spot quotations are particularly strong and there is basically no possibility of price compromise. Praseodymium, neodymium, dysprosium, terbium and holmium products have been adjusted up frequently this week, and the transaction prices are often refreshed multiple times on a single transaction day. Manufacturers are reluctant to sell obviously and follow up the latest high in time. This week, the sales of various products within a day increased by 2.5%-3%. The average daily increase of praseodymium and neodymium products is about 10,000 yuan/ton; the average daily increase of dysprosium products is about 20,000 yuan/ton; the average daily increase of holmium products is about 10,000 yuan/ton; the average daily increase of terbium products is as high as 150,000-200,000 yuan/ton ! The rapid increase has stimulated downstream efforts to expand stocking, and it has also led to sudden high downstream costs. On the one hand, the rigid demand for production of magnetic materials plants has skyrocketed and most of them are long-term customers. On the other hand, magnetic materials companies and end customers have encountered strong resistance to re-negotiating prices. The pressure on the rare earth industry chain is concentrated in the magnetic materials link. Under the joint restrictions of strong production pressure and contract constraints, some magnetic material companies had to reduce profits and put forward a proposal to share cost premiums, but in terms of feedback, few terminals reached a consensus. At present, although the cost of raw materials has skyrocketed and is difficult to solve together, most magnetic companies cannot give up production for the time being. The "home economy" triggered by the foreign epidemic will continue to exert force, and follow-up orders are still considerable. Along with the soaring trend, periodical fear of heights has occurred from time to time. Traders and a small number of manufacturers made several price transfers within this week, but the shipments were very small and mostly tentative. The fear of heights shipments were immedia...
11.09-11.13 Rare Earth Weekly Review
16

Nov 2020.

11.09-11.13 Rare Earth Weekly Review

This week (11.09-11.13, the same below) the overall market may stabilize or rise. Among them, the mainstream product, praseodymium and neodymium, has stabilized after the mid-to-high price fluctuations, dysprosium products have continued to be stable, and terbium products have increased again. Mainstream manufacturers are more resolute in keeping prices, and the current downstream orders are heating up, and the industry is becoming optimistic about the recent trend. Neodymium praseodymium oxide was weak this week following last week’s rally. The fear of heights grew this week. Some traders and small factories began to give way to shipments. The transaction of praseodymium oxide and neodymium oxide decreased slightly at the beginning of the week, showing confidence in the overall market. Cause a certain impact. However, major praseodymium and neodymium manufacturers, including the group, maintain a completely consistent attitude towards price. The quotations of major manufacturers are generally higher than market transactions and there are few concessions. In addition, downstream companies still have stocking demand, downstream orders generally rise at the end of the year, and praseodymium is trending rapidly Stabilized and rebounded slightly in the direction of mainstream quotations later this week. Regarding the market outlook for NdPr, the industry mentality has undergone two changes this week, and the judgment has also changed from a slight fall from a high level to a continued slight bullish trend. Compared with the last increase in NdPr and Nd, this round of increase has a stronger attitude towards prices, and demand support is stronger than last time. However, at the same time, NdPr is approaching a high level and the trend is stabilizing, which will inevitably lead to strong fears and caution in the industry. The follow-up upward adjustment space is temporarily not high. Although there is no risk of downward adjustment in the short term, it is difficult to maintain blind optimism about the long-term outlook. The performance of heavy rare earth products was different. Dysprosium and gadolinium products were generally stable, but the later sales of dysprosium products were slightly weaker. Terbium and holmium products showed continued upward adjustment, and the growth rate of terbium products this week has not decayed and continued to remain strong. The development of terbium permeation technology and the slight recovery of downstream orders have led to a significant increase in demand for terbium targets and metal terbium. Terbium products continue to be optimistic this week, and manufacturers still have a certain reluctance to sell. As of November 13, quotations of some rare earth products: neodymium praseodymium oxide 345,000 to 349,000 yuan/ton; neodymium praseodymium oxide 433-43.6 million yuan/ton; neodymium oxide 385,000-390 thousand yuan/ton; neodymium metal 4.8-485 million yuan Per ton; dysprosium oxide 1.7-175 million yuan/ton; dys...
11.2-11.6 Rare Earth Weekly Review
10

Nov 2020.

11.2-11.6 Rare Earth Weekly Review

In the rare earth market this week, the prices of neodymium praseodymium, neodymium metal, dysprosium iron and terbium rose sharply. Asian Metal Weekend Price: Neodymium praseodymium is 430-435 yuan/KG, neodymium is 467-472 yuan/KG, dysprosium-iron alloy is 1680-1700 yuan/KG, and terbium is 6350-6400 yuan/KG. This week, the domestic rare earth product prices have been improving. Not only the prices of praseodymium and neodymium products, which were previously tightly supplied, have continued to rise, but medium and heavy rare earths have also performed well. Products such as dysprosium oxide and terbium oxide have risen strongly. In terms of light rare earths, the prices of neodymium praseodymium oxide and neodymium praseodymium metals continued to rise this week. The current spot supply of praseodymium and neodymium oxide is still tight, and the orders of downstream magnetic materials companies have shown signs of improvement recently, and the inquiries are more active than the previous period; and the mentality of reluctance to sell at the separation plant has always existed, so the price of praseodymium and neodymium has been supported by fundamental factors. , On the basis of the upward movement last week, continue to move upward. In terms of China Heavy Rare Earths, the overall performance this week was relatively strong. While the price rose, the transaction volume was also driven; and with the price increase, the downstream inquiries increased, and the market gradually evolved to the seller's market sentiment. Metal factories made timely purchases on dips, and downstream magnetic companies increased their inquiries and remained cautious in purchasing.
China's export of rare earth permanent magnet products in September
2

Nov 2020.

China's export of rare earth permanent magnet products in September

In 2020, my country’s total exports of rare earth permanent magnet products (including permanent magnets, quick-setting permanent magnet sheets, magnetic powder and other neodymium iron boron alloys) totaled approximately 3490 tons, with an export value of approximately US$157 million. Compared with August, the export volume and export value of my country's rare earth permanent magnet products both rebounded in September. The export volume rose by 5.9% and the export value rose by 8.4%. The trend of rebound was further strengthened from the previous month. Compared with the same period last year, the export volume and export value of my country's rare earth permanent magnet products both rebounded slightly in September this year, with the export volume rising by 3.4% and the export value rising by 4.6%. The average export price of products in September increased slightly compared with the previous month and the same period last year, with increases of 2.3% and 1.2% respectively. (The average price of praseodymium and neodymium metal in September increased by 0.1% from the previous month and was higher than 3.9% in the same period last year). In September, the export volume and export value of my country's rare earth permanent magnet products continued to rebound, and both rebounded year-on-year. Among all export products, the export volume of rare earth permanent magnets was about 3,133 tons, an increase of 4.7% month-on-month and 6.8% year-on-year. The average export price was about US$47,300/ton, an increase of 2.3% month-on-month, and the price level remained basically the same as last year. In September, the top three major exporters of my country's rare earth permanent magnet products were still the United States, Germany, and Japan; the cumulative volume of rare earth permanent magnet products exported to the United States from January to September increased by 2.1% compared with last year.
10.19-10.23 Rare Earth Weekly Review
27

Oct 2020.

10.19-10.23 Rare Earth Weekly Review

This week (10.19-10.23, the same below) the overall trend of rare earths stopped falling and stabilized and rose, but the increase was not large and the rate of increase was relatively slow. The trend stopped falling and stabilized and promoted downstream stocking. Purchasing enthusiasm increased this week, but it lasted not long. The rise in the latter part of the week stabilized, but the quotes of upstream companies are relatively strong. In the short term, the overall trend is still expected to stabilize. At the beginning of the week, some major metal manufacturers began to increase purchases of neodymium praseodymium oxide, and Ningbo and other regions began to replenish neodymium praseodymium oxide in stages. The trend of neodymium praseodymium oxide continued to rise slightly, and the spot of neodymium praseodymium oxide and metal neodymium praseodymium was slightly tight. Magnetic materials companies frequently inquired prices and the replenishment hesitation gradually faded, but the replenishment volume is still within the range of one month's cost. The downstream replenishment time is not long and is completed most of this week. The upstream companies feedback that this week Although the quotation and cost pressure remained strong in the later period, the enthusiasm for downstream purchases and sales declined. Heavy rare earth products also rose this week. In addition to stocking in the downstream cycle, the enthusiasm of traders began to pick up. Compared with last week, the sentiment of Dysprosium and terbium shipments receded, and mainstream transactions moved closer to quotations from major manufacturers. At the same time, as the general election in Myanmar is underway, some miners reported that some mines in northern Myanmar were temporarily closed due to this impact, which also supported the trend of products such as dysprosium and terbium. As of October 23, quotations of some rare earth products: Neodymium praseodymium oxide 327-13 million yuan/ton; Neodymium oxide 346-34.9 million yuan/ton; Neodymium praseodymium metal 41-415 thousand yuan/ton; Neodymium metal 433-43.8 million yuan Per ton; dysprosium oxide 1.64-16 million yuan/ton; subway 1.63-165 million yuan/ton; terbium oxide 483-488 million yuan/ton; metal terbium 6.2-6.25 million yuan/ton; gadolinium oxide 172-217.5 million yuan/ Tons; iron gadolinium 172-175 thousand yuan/ton; holmium oxide 42-425 thousand yuan/ton; holmium iron 428,000-433,000 yuan/ton. Erbium oxide is 157-162 million yuan/ton. Later prediction: The increase is within the normal range, and the overall trend has not changed significantly. Although downstream procurement has recovered this week, it remains cautious. The upstream and downstream are confident in the trend of NdPr but not too optimistic. Look, the industry's more general view judges that NdPr products are more likely to maintain the current price level and may continue to rise slightly, but the rise is bound to be more difficult and slow. In t...
10.12-10.16 Rare Earth Weekly Review
19

Oct 2020.

10.12-10.16 Rare Earth Weekly Review

This week (10.12-10.16, the same below) the overall rare earth market is generally stable, among which the light rare earth shows a steady performance while the heavy rare earth continues weak stability.Although light rare earth has stabilized, it still lacks momentum. Judging by the current demand situation and the degree of upstream supply control, the current stability is relatively fragile, the upstream maintenance is difficult to increase, and the subsequent trend is difficult to improve. After National Day, trading of all parties resumed normal this week, but there was no centralized replenishment in downstream procurement, and initial weakness remained after the holiday, that is, there was a slight decline in the remaining two working days last week.In the early part of this week, there was still no improvement in the purchasing heat. Upstream enterprises began to take some actions. Large factories of praseodymium metal purchased a moderate amount of praseodymium oxide, and the purchasing volume was subject to the production schedule for the time being.Praseodymium oxide has gradually stabilized and rebounded slightly. This week, the mainstream transaction price of praseodymium oxide rebounded by about 3000 yuan/ton, while metal praseodymium oxide lagged behind and rose, and metal rose less than the cost rise. The downstream reacts to the slight rebound of praseodymium but is not very sensitive. One rebound is not high and the metal praseodymium is still in the buyer's market.The two downstream based on their own demand is not too bullish aftermarket.But with the continuous steady small rise of praseodymium, the downstream inquiries are obviously frequent, but the inquiry sheet is still cautious. Heavy rare earth dysprosium terbium products after the festival is still weak stability, one of the lack of upstream acquisition support such as praseodymium, the second industry began to decline confidence in the state reserve.Although the quotation of large factories of dysprosium terbium is always higher than the transaction, they also choose to follow the trend of appropriate downward trend. However, the willingness of bulk goods market to actively ship begins to be obvious, and enterprises also lack the motivation of stable price of dysprosium terbium due to the relief of business environment of dymium. The transaction of dysprosium terbium, which is not in great demand, showed a slight decline this week. As of October 16, quotation for some rare earth products: RMB 32.5 to 328,000 yuan/ton for praseodymium oxide;405-410,000 yuan/ton for metal praseodymium;Neodymium oxide 345-348,000 yuan/ton;Metal neodymium 433-438000 yuan/ton;Dysprosium oxide 162-1.64 million yuan/ton;Dysprosium iron 161-1.63 million yuan/ton;Terbium oxide 480-4.85 million yuan/ton;Metal terbium 610-6.15 million yuan/ton;Gadolinium oxide 171-174,000 yuan/ton;Gadolinium iron 170-173,000 yuan/ton;Holmium oxide 41.8-423000 yuan/ton;Holmium iron 428,000-433,000 yuan/ton;Erbia 1...
Market price of rare earth permanent magnet raw materials 2020.10.12
12

Oct 2020.

Market price of rare earth permanent magnet raw materials 2020.10.12

The official website of Northern Rare Earth Group announced the listed prices of rare earths in October, which has a larger adjustment range from last month: The price of neodymium praseodymium oxide was 357,000 yuan/ton, which was reduced by 19,000 yuan/ton month-on-month; The price of neodymium oxide was 376,000 yuan/ton, which was lowered by 19,000 yuan/ton month-on-month; The price of metal praseodymium neodymium is 445,000 yuan/ton, which is lowered by 23,000 yuan/ton from the previous month; Neodymium metal is 469,000 yuan/ton, down 23,000 yuan/ton month-on-month. 产品目录 挂牌价格 产品指标 氧化镧 10800 TREO≥97.5%   La2O3/REO≥99.99% 氧化铈 10800 TREO≥99%    CeO2/REO≥99.95%    氧化镨钕 357000 TREO≥99% (Pr6O11+ Nd2O3)/REO≥99.5%    氧化钕 376000 TREO≥99% Nd2O3/REO≥99.5%    金属镨钕 445000 TREM≥99%   (Pr6O11+ Nd2O3)/REM≥99.5% 金属钕 469000 TREM≥99% Nd/REM≥99.5%   C≤0.05% 产品目录 产品指标   9月 挂牌价     10月 挂牌价      涨跌     氧化镧 TREO≥96.5%  La2O3/REO≥99.99% 10800 10800 0 氧化铈 TREO≥99%   CeO2/REO≥99.95% 10800 10800 0 氧化镨钕 TREO≥99%  (Pr6O11+ Nd2O3)REO≥99.5% 376000 357000 -19000 氧化钕 TREO≥99%  Nd2O3/REO≥99.5% 395000 376000 -19000 金属镨钕   TREM≥99%  Pr/REM 23-27%  Nd/REM 73-77%  C≤0.05% 468000 445000 -23000 金属钕 TREM≥99%  Nd/REM≥99.5%  C≤0.05% 492000 469000 -23000
  • The price of domestic heavy rare earth market has risen sharply

    The main factor for the sharp increase in domestic heavy rare earth market prices is the sharp contradiction between supply and demand. On the supply side: The situation in Myanmar is not optimistic. The global supply of rare earths is relatively concentrated. Myanmar is one of the production areas second only to China and the United States. Myanmar has a greater impact on the domestic heavy rare earth market products, and the source of imported goods has been greatly reduced. The contradiction between supply and demand in the domestic heavy rare earth market has led to a sharp increase in the price of heavy rare earths. In addition, the domestic heavy rare earth production is normal, and the large domestic demand for heavy rare earths can be described as powerless. The domestic rare earth purchasing and storage plan is a big positive for supporting domestic heavy rare earth prices. On the demand side: downstream demand continues to expand, and the demand for permanent magnets has continued to increase recently. New energy vehicles have been on fire from 2020 to 2021. According to insiders, the rare earth gap may continue throughout 2021. The main rare earth materials of high-performance NdFeB are light rare earth praseodymium and neodymium oxide, heavy rare earth dysprosium oxide and terbium oxide, which are used in new energy vehicles, wind power, energy-saving inverter air conditioners, traditional automobiles and other fields. According to statistics, new energy vehicles continue to set a single-month historical record of sales. According to data released by the China Association of Automobile Manufacturers, in January, the production and sales of new energy vehicles were 194,000 and 179,000 respectively, a year-on-year increase of 285.8% and 238.5% respectively. Downstream demand is rising. It is said that the demand gap has been increasing. Due to the tight supply in the terbium market and the imbalance between supply and demand, the market price of terbium has reached a high level. The domestic rare earth index began to rise in November 2020, and the rare earth index of the business community has increased by about 200 points in the past four months. The price increase in the domestic light rare earth market is also quite astonishing. Domestic new energy vehicle sales have increased, and terminal industries such as wind power and electronic products have developed rapidly. As the epidemic slows down, downstream manufacturers’ capacity utilization rate continues, and demand is mainly for on-demand procurement. The demand for neodymium iron boron is still high. New energy vehicles and The boom in the consumer electronics industry has also boosted the price of rare earths. Data shows that the current global demand for high-performance NdFeB is mainly concentrated in the automotive sector (traditional cars are close to 40%, and new energy vehicles account for more than 12%). The rest are wind power, consumer electronics, inverter air condition...
    2

    Mar 2021.

  • Resume work notice

    Dear customers, Happy Spring Festival! I hope this joyful festival would bring you happiness as well. We return to work today, and the factory has resumed normal production. Orders will gradually come in after the holiday, our products cover rare earth neodymium magnets and all kind of magnetic assemblies.    If you have any inquiries , please feel free to contact us at the email:   info@xm-bearheart.com. We will send you our best offer and delivery time as soon as possible. Thank you in advance ----XIAMEN BEARHEART MAGNETS
    22

    Feb 2021.

  • Holiday notice --- 2021 Chinese New Year

    Dear customers, Please note that our company will be closed for the Chinese New Year celebration from February 9th until February 18th. Normal business will resume on February 19th. If you have any urgent issue during the holidays, please feel free to call us at +86-15160715383, For any inquiries and supports,please send an email to info@xm-bearheart.com and we will response it as soon as possible. Thanks for your kind understanding. Wishing you good luck and prosperity in 2021. Happy New Year.
    8

    Feb 2021.

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