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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!
  • Super Strong Neodymium Magnet Disc

    12x2mm Round NdFeB Neodymium Magnets

    Neodymium Magnets, also known as NdFeB, NIB, or Neo magnets, are the most widely-used type of rare earth magnets. Neodymium Magnets are made from an alloy containing, amongst others, the elements Neodymium, Iron and Boron (NdFeB). It is the strongest type of magnet and manufactured in a wide range of shapes, sizes and grades and different coatings/finishes.
  • Large Rare Earth Block Neodymium Magnets

    Rare Earth Neodymium Block Magnets

    Neodymium( NdFeB )magnets are the strongest type of rare earth magnet commercially available and are manufactured in a wide range of shapes, sizes and grades. The most powerful permanent magnet, offers a great return for cost & performance, have the highest field/surface strength(Br), high coercivity(Hc), can be easily formed into various shapes and sizes. Be reactive with moisture and oxygen,usualy supplied by plating (Nickel, Zinc, Passivatation, Epoxy coating, etc.).
  • 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.  
  • 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
  • Female Thread Neodymium Pot Magnet

    Rubber Coated Neodymium Pot Magnets for car

    Permanent pot magnets (magnet pot or magnetic pot) position ferromagnetic items quickly and easily in the required place. These magnet systems have only one surface of magnetic attraction.All the other sides are non-magnetic. This form of construction restricts the further spread of the magnetic field. As a result, other items or machine parts in the vicinity of the pot magnet do not become magnetized.
  • Neodymium Strong D75 Salvaging Fishing Magnet

    Double sided neodymium fishing magnets

    Fishing magnets are a kind of pot magnets which provide the ultimate in clamping force. These pot magnets are manufactured in a strong steel shell to supply the strongest pulling force 10 times more than magnet.The steel shell protect the magnets from chipping or cracking, damaging. It is designed for heavy duty and underwater use and helps to recover lost equipment, tools, fishing tackles and other ferrous objects in deep water, wells, holes. also great for magnetic lifting, hanging, fixing applications.
Super Strong Neodymium Magnet Disc

12x2mm Round NdFeB Neodymium Magnets

Neodymium Magnets, also known as NdFeB, NIB, or Neo magnets, are the most widely-used type of rare earth magnets. Neodymium Magnets are made from an alloy containing, amongst others, the elements Neodymium, Iron and Boron (NdFeB). It is the strongest type of magnet and manufactured in a wide range of shapes, sizes and grades and different coatings/finishes.
Large Rare Earth Block Neodymium Magnets

Rare Earth Neodymium Block Magnets

Neodymium( NdFeB )magnets are the strongest type of rare earth magnet commercially available and are manufactured in a wide range of shapes, sizes and grades. The most powerful permanent magnet, offers a great return for cost & performance, have the highest field/surface strength(Br), high coercivity(Hc), can be easily formed into various shapes and sizes. Be reactive with moisture and oxygen,usualy supplied by plating (Nickel, Zinc, Passivatation, Epoxy coating, etc.).
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.  
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
Female Thread Neodymium Pot Magnet

Rubber Coated Neodymium Pot Magnets for car

Permanent pot magnets (magnet pot or magnetic pot) position ferromagnetic items quickly and easily in the required place. These magnet systems have only one surface of magnetic attraction.All the other sides are non-magnetic. This form of construction restricts the further spread of the magnetic field. As a result, other items or machine parts in the vicinity of the pot magnet do not become magnetized.
Neodymium Strong D75 Salvaging Fishing Magnet

Double sided neodymium fishing magnets

Fishing magnets are a kind of pot magnets which provide the ultimate in clamping force. These pot magnets are manufactured in a strong steel shell to supply the strongest pulling force 10 times more than magnet.The steel shell protect the magnets from chipping or cracking, damaging. It is designed for heavy duty and underwater use and helps to recover lost equipment, tools, fishing tackles and other ferrous objects in deep water, wells, holes. also great for magnetic lifting, hanging, fixing applications.
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Latest News
Keep an eye on the latest news to learn more about magnets.
In April, China's rare earth export volume and price rose
12

May 2022.

In April, China's rare earth export volume and price rose

The latest analysis of statistical data released by the General Administration of Customs of China shows that in April 2022, China’s rare earth export volume and price have both risen, the export volume is at a high value, and the average export price has hit a new high in recent years. Specifically, in April 2022, China's rare earth export volume was 4,427 tons, an increase of 18.5% year-on-year. The data analysis of the monthly average export price shows that the average export price in April hit a new high of nearly 8 years, that is, 24.7 US dollars / kg, which is 2-4 times the monthly average price in the past (at least 10 years). In addition, in the first four months of 2022, China exported a total of 17,107.2 tons of rare earths, a year-on-year increase of 9.4%; the export value was 191.6 million US dollars, a year-on-year increase of 84.5%. The analysis of the export volume data in the past four years ago and April shows that China's rare earth export volume has grown steadily, and the average export price has risen steadily and sharply. In 2022, both the export volume and the average export price will hit a new high in nearly four years. Among them, around 2019, due to trade frictions and the impact of the new crown epidemic, the export volume appeared to fluctuate a little abnormally. In the first four months of 2022, the average export price of China's rare earths reached US$20.7/kg, a significant increase of 68.7% year-on-year, and the rate also increased significantly, with an increase of 45.1% in 2021.
The latest market situation of rare earth
5

May 2022.

The latest market situation of rare earth

Recently, rare earth prices have gradually fallen, falling more than 20% from the peak in February, but they are still higher than the same period last year. NdFeB enterprises are differentiated by the sharp fluctuations in rare earth prices - large NdFeB enterprises have limited influence, but small and medium-sized NdFeB manufacturers are plagued by rising raw material prices. As of April 25, the rare earth price index has fallen to 338.9, a 22% drop from the recent peak; but it is still nearly 40% higher than the same period last year. As far as specific products are concerned, on April 24, the price of praseodymium and neodymium oxide was 840,000-860,000 yuan / ton, down about 23% from the highest point in February. In addition, the price of neodymium oxide is 873-893 thousand yuan / ton, and the price of praseodymium oxide is 860-880 thousand yuan / ton, all of which have dropped to varying degrees. In the short term, rare earth price fluctuations are mainly affected by supply and demand and market sentiment. The reason for the change in the supply and demand relationship of rare earth prices this time is mainly because of the mood and confidence of merchants. Once the epidemic is lifted, consumption will return, and production will be normal, the backlog of orders will lead to a concentration of purchases, which will cause the price of praseodymium and neodymium to rise rapidly. In the long run, there is limited room for rare earth prices to fall. With the gradual improvement of the domestic epidemic situation and the gradual recovery of terminal demand, the price of rare earths will remain at a high level under the pattern of tight supply of raw material oxides and stable supply and stable prices of the country. Rare earth prices have risen, and the cost pressure of small and medium-sized NdFeB producers has doubled. Many small and medium-sized enterprises cannot get the goods due to insufficient funds. Even if they have orders, they cannot produce normally. At the same time, downstream customers cannot accept the high cost price. These small and medium-sized enterprises have become 'intermediate sandwiches' under the pressure of upstream and downstream, and they are under great pressure to survive.  Unlike small and medium-sized enterprises that are troubled by the cost of rare earths, large-scale permanent magnet material companies generally have established strategic cooperation with upstream companies and can obtain raw materials at a cost lower than the market price. In addition, large enterprises can also transfer the price increase of rare earths downstream. However, on the other hand, large-scale permanent magnet material companies are also facing the problem of price lock; and the result of downstream price lock is that manufacturers cannot transfer costs through price increases, and must absorb the pressure of cost increases by themselves. NdFeB is mostly used in new energy vehicles, inverter air conditioners, wind power gen...
China's rare earth exports up 6.5% in the first quarter
18

Apr 2022.

China's rare earth exports up 6.5% in the first quarter

On April 13, China Customs released the latest export data for March and the first quarter, including rare earth export data. In terms of specific data, in March, China exported 4,845.2 tons of rare earths. Since then, in the first quarter of this year, China has exported 12,680.2 tons of rare earths, an increase of 6.5% compared with 11,905.1 tons last year. In terms of export value, in March, China exported rare earths of 740 million yuan. Since then, in the first quarter, China has exported rare earths accumulatively of 1.55 billion yuan, an increase of 74.6% year-on-year. Obviously, we can find that in the first quarter, although the export volume only increased by 6.5%, the export revenue increased by 74.6%. What is the reason behind it? I believe everyone is very clear, because the price has risen! In fact, according to data released by the China Rare Earth Association, since the first quarter of this year, China's rare earth price index has been on the rise, as shown in the following figure: According to the specific data, in January, China's rare earth price index was only 342, and by the end of February, it once exceeded 430. However, in March, the price fell again. By the end of March, the price index had fallen to 373. Even so, in March, the rare earth price index was still 9% higher than in early January. During this period of time, the price of rare earth has been lowered, which is gradually returning the market to rationality. As for future rare earth prices, analysts said that in the short term, downstream magnetic material factories still mainly consume existing inventories, but demand support is strong, and rare earth prices are expected to stabilize.
Rare earth permanent magnet material industry research: new energy and energy saving drive demand release
30

Mar 2022.

Rare earth permanent magnet material industry research: new energy and energy saving drive demand release

Magnetic material industry chain Magnetic materials refer to materials that generate strong magnetism to external magnetic fields. Materials that can react to a magnetic field in a certain way are called magnetic materials. According to the magnetic strength of the material in the external magnetic field, it can be divided into diamagnetic materials, paramagnetic materials, ferromagnetic materials, antiferromagnetic materials and Ferrimagnetic substances. Most materials are diamagnetic or paramagnetic, and they respond weakly to external magnetic fields. Ferromagnetic substances and ferrimagnetic substances are ferromagnetic substances, and the so-called magnetic materials usually refer to ferromagnetic materials. Magnetic materials are divided into permanent magnetic materials and soft magnetic materials. Magnetic materials are generally divided into permanent magnetic materials and soft magnetic materials according to the difficulty of magnetization. Permanent magnetic materials, also known as permanent magnetic materials or hard magnetic materials, refer to magnetic materials with high magnetic flux density and magnetic polarization with high coercivity. Soft magnetic material refers to a magnetic material with low coercivity and high permeability, easy to magnetize and easy to demagnetize. Permanent magnet materials include metal permanent magnet materials, permanent ferrite and rare earth permanent magnet materials. Among them, rare earth permanent magnet materials have gone through the first generation of SmCo5 permanent magnets and the second generation of Sm2Co17 permanent magnets to the third generation of Nd-Fe-B permanent magnets that are currently mainly used. Soft magnetic materials mainly include ferrite soft magnetic materials and metal soft magnetic materials, of which metal soft magnetic materials include traditional alloy soft magnetic materials, metal magnetic powder cores, and amorphous and nanocrystalline alloy soft magnetic materials. The industrial chain of different magnetic materials is very different, and the downstream application fields are quite different. Although the downstream application fields of different magnetic materials overlap, the specific application scope of different magnetic materials is quite different according to the different components and properties of the materials, as well as the application cost. The downstream demand for NdFeB permanent magnet materials is mainly concentrated in the traditional fields of VCM, automotive EPS (electric power steering system), consumer electronics and new energy and wind turbines, new energy vehicle drive motors, energy-saving elevators and frequency conversion in the field of energy saving Air-conditioning compressor. Permanent magnet ferrite is the core component of the permanent magnet micro-special motor. It is generally used as a motor stator and is mainly used in various motors such as automobiles, motorcycles, home appliances, power tools and fitness equi...
Import and export of major rare earth products from January to February
22

Mar 2022.

Import and export of major rare earth products from January to February

From the specific import and export data of rare earths announced by the customs: Rare earth ore import: Mixed rare earth carbonate, imported 837.5 tons from January to February, with a unit price of 5,509.5 US dollars / ton, and Vietnam's import volume of 439 tons ranked first. Rare earth metal ore, imported 13,026 tons from January to February, with a unit price of 6,802.6 US dollars per ton, mainly imported from the United States, with an import volume of 10,530 tons. The rare earth mixture imported 1362.6 tons, the unit price was 17204.7 US dollars / ton, Malaysia imported 836 tons, Vietnam 197 tons, and Myanmar imported 185 tons. Unlisted rare earth oxide, imported 487.7 tons, the unit price is 72,504.8 US dollars / ton, mainly imported from Malaysia 265 tons, Myanmar 131 tons, Vietnam 55.7 tons. From January to February, rare earth oxides exported 4140.0 tons, with a total price of 71.367 million US dollars. Exports of major rare earth varieties: A total of 3,968 tons of rare earth oxides were exported, including 746 tons of cerium oxide, 1,741 tons of lanthanum oxide, accounting for 63% of the total export volume of rare earth oxides, and 470 tons of yttrium oxide. The export of dysprosium oxide was 11.2 tons, of which 9 tons were exported to Japan, and the export of terbium oxide was 13.95 tons, a decrease of 44.1% compared with October, including 8.5 tons in Japan and 5.3 tons in the United States. From January to February, NdFeB exported 9681.5 tons.
Domestic rare earth market falls
16

Mar 2022.

Domestic rare earth market falls

The domestic rare earth market is generally in a high-level consolidation pattern. With the increasing number of negative factors on the market, the buyer's market has a greater advantage, which is mainly reflected in the decline in the prices of praseodymium neodymium and dysprosium terbium products, the actual transaction is lower than expected and the market outlook is uncertain. However, due to the production cost and the limited spot inventory of rare earth raw materials, suppliers have limited room for profit. According to Chinatungsten Online, the main reasons for the poor performance of the rare earth market are as follows: First, due to the war between Russia and Ukraine, the supply shortage of automotive semiconductor chips has intensified and the prices of cobalt, lithium, and other materials have risen, or to a large extent. Affect the popularity of new energy vehicles, thereby reducing the amount of rare earth permanent magnets; the second is the rare earth office of the Ministry of Industry and Information Technology interviewing key enterprises about the high price of rare earth products, which increases market panic and is not good for rare earth prices. The prices of neodymium and dysprosium-terbium products have risen too fast, leading to a general increase in the fear of heights among downstream users. Coupled with limited liquidity, the growth rate of orders has slowed down. It can be clearly seen from the product price trend chart that the price trend of domestic neodymium oxide, praseodymium oxide, metal neodymium, praseodymium neodymium alloy and praseodymium neodymium oxide declined slightly, and the price trend of praseodymium oxide was temporarily stable. As of the 14th, the price of neodymium oxide among domestic rare earths was 1.16 million yuan/ton, down 4.13% this week; the price of neodymium metal was 1.42 million yuan/ton, down 4.38% this week; the price of praseodymium oxide was 1.075 million yuan/ton, The price fell 1.38% this week; the price of praseodymium neodymium oxide was 1.055 million yuan / ton, a decrease of 4.09% this week; the price of praseodymium neodymium alloy was 1.33 million yuan / ton, a decline of 2.21% this week; the price of metal praseodymium was 1.39 million Yuan/ton, the price trend was flat this week, and the domestic rare earth market trend fell. The price trend of the domestic rare earth market has declined, the supply gap still exists in the field, the metal plant is operating normally, and the demand side is maintained, but the downstream manufacturers have relatively sufficient inventory, and the inquiries are very deserted, resulting in a fall in the market price trend. Recently, some separation enterprises have gradually started construction, so the contradiction between supply and demand has eased slightly. The price trend in the field is mainly down, the downstream demand is normal, and the supply and demand gap in the rare earth field still exists. There is a game between upstre...
Rare earth prices hit record highs
28

Feb 2022.

Rare earth prices hit record highs

Since the beginning of this year, the domestic rare earth market has remained strong, and prices have continued to rise, setting new records. Taking neodymium oxide as an example, the current price has reached 1.21 million yuan (ton price, the same below), while the price at the beginning of this year was 925,000 yuan. In just over a month, the price increased by as much as 30.8%. According to industry insiders, the record high prices of rare earths this year are mainly due to the widening gap between supply and demand. From the perspective of supply, my country has implemented total control and management of rare earth mining since 2006. On January 28 this year, the Ministry of Industry and Information Technology and the Ministry of Natural Resources disclosed that the first batch of rare earth mining quotas was 100,800 tons, an increase of 20% compared with the first batch of mining quotas in 2021, and the increase was the same as last year. In terms of imports, most of my country's heavy rare earth raw material ore imports come from Myanmar. Due to the severe epidemic situation in Myanmar, the import of mines in Myanmar continued to be tense at the beginning of the year. The domestic NdFeB scrap, which accounts for 38% to 40% of the supply of rare earth oxides, may drop by 20% to 30% in February due to factors such as the inversion of enterprise costs, the inability to find cash, and the suspension of production and maintenance during the Spring Festival. The tightening of the supply side of imported ores and NdFeB waste has made the domestic supply of rare earths continue to be tense. From the perspective of demand, after the Spring Festival, wind turbines, new energy vehicles and other terminal fields have strong demand, orders have increased, and large-scale magnetic material companies have received orders. Although the first batch of mining targets for rare earth mines has been issued, it coincides with the rainy season, and it is difficult to mine medium and heavy rare earth mines in the south. The widening gap between supply and demand has made magnetic material companies have strong bullish sentiments for the price of rare earth raw materials. Some magnetic material companies have locked prices with upstream companies. The main contradiction in the rare earth market has changed from the low acceptance of prices by the downstream to the shortage of supply. Regarding the market outlook, the business agency analysis believes that the recent rare earth market has a good transaction atmosphere, the supply in the field is tight, the inventory continues to decline, and the domestic and foreign demand continues to increase. It is expected that the price of rare earth will continue to rise in the later period.
Resume work notice
18

Feb 2022.

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---2022 Chinese New Year
26

Jan 2022.

Holiday notice---2022 Chinese New Year

Dear customers, Please note that our company will be closed for the Chinese New Year celebration from January 27th until February 15th. Normal  business will resume on February 16th. 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 us 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 2022. Happy New Year. ------XIAMEN BEARHEART MAGNETS
China's rare earth exports to increase in volume and price in 2021
17

Jan 2022.

China's rare earth exports to increase in volume and price in 2021

The latest statistical data analysis released by the customs shows that in 2021, China's rare earth export volume and price will rise, and the export value will increase by 90% year-on-year. On the whole, the actual demand, the increase in recovery demand and the increase in reserve jointly promote the strong growth of rare earth exports. Specifically, China exported a total of 48,917.7 tons of rare earths from January to December 2021 (full year), with an export value of US$653.4 million; a year-on-year increase of 38% and 90% respectively. Among them, the sharp increase in the number of exports in 2021 will be reflected in a sharp rebound, and the average export price will continue to rise and rise sharply in 2021. Data analysis shows that in the past four years, since 2018, the export volume has shown a decreasing trend. In 2020, due to the new crown epidemic mainly affecting import and export trade and the phased shutdown of factories, the export volume has dropped by 23.5%, which will help increase the export volume growth in 2021. On the other hand, the requirements for energy conservation and environmental protection of electromechanical equipment for emission reduction have promoted the practical application of rare earths and boosted the export volume. In addition, supply chain security concerns in some countries have led them to increase their reserves of key materials, boosting China's rare earth exports. In terms of export prices, since 2020, the average export price has shown growth, and its growth rate has continued to rise. The average export price in 2021 is US$13.4/kg, an increase of nearly 38%.
The rapid development of new energy, the rare earth market repeatedly hits new highs in 2021
7

Jan 2022.

The rapid development of new energy, the rare earth market repeatedly hits new highs in 2021

According to statistics, the domestic rare earth market price trend will rise sharply in 2021, and the domestic light rare earth price will increase sharply. Some products have increased by more than 100%, setting a 10-year high; the price increase in the heavy rare earth market will be slightly lower. The price trend of some domestic rare earth products in 2021 is as follows: According to the trend chart, it can be clearly seen that in 2021, the domestic light rare earth market price has risen sharply. The price of neodymium oxide at the beginning of the year was 510,500 yuan/ton, and the market price at the end of the year was 925,000 yuan/ton, a price increase of 81.19%; neodymium metal The price at the beginning of the year was 622,500 yuan/ton, and the market price at the end of the year was 1.13 million yuan/ton, an increase of 81.35% for the whole year; The annual increase was as high as 105.73%; the price of praseodymium neodymium alloy was 510,000 yuan/ton at the beginning of the year, and the market price at the end of the year was 1.03 million yuan/ton, and the annual increase was 101.96%; 875,000 yuan/ton, a year-round increase of 148.23%; the price of metal praseodymium was 575,000 yuan/ton at the beginning of the year, and the market price at the end of the year was 1.14 million yuan/ton. The price increase in 2021 is 98.26%. In 2021, the domestic rare earth market has a sharp contradiction between supply and demand. , The market price of light rare earths hit a 10-year high. In 2021, the market price of heavy rare earths will rise sharply. According to statistics, the domestic market price of dysprosium oxide at the beginning of the year was 1.94 million yuan/ton, and the price at the end of the year was 2.905 million yuan/ton, an increase of 49.74% for the year; the price of metal dysprosium at the beginning of the year was 2.425 million yuan/ton. Ton, the year-end price was 3.75 million yuan/ton, an annual increase of 54.65%; the beginning price of dysprosium ferroalloy was 1.92 million yuan/ton, and the year-end market price was 2.9 million yuan/ton, an annual increase of 51.04%. The domestic heavy rare earth market The price increase was lower than that of light rare earths. As can be seen from the index chart of the rare earth industry, the domestic rare earth market price trend can be roughly divided into three stages. The first phase is the first quarter, when the domestic rare earth market price trend rises; the second phase and the second quarter, the domestic rare earth market price trend falls. In the third stage, the third and fourth quarters, the domestic rare earth market prices soared. In the first stage, the price trend of the domestic rare earth market rose. During this period, affected by the epidemic, some rare earth devices did not resume work, and the supply of rare earths was reduced. The imbalance of supply and demand caused the domestic rare earth market to rise. In addition, due to the Spring Festival holid...
NdFeB has become the most concerned material in the rare earth industry
30

Dec 2021.

NdFeB has become the most concerned material in the rare earth industry

Rare earth permanent magnets are an important material that has a large application volume in strategic emerging industries and significantly improves the performance and efficiency of related products. Its application range and application volume reflect the high-tech development level of a country to a certain extent. NdFeB has become the most concerned material in the rare earth industry, mainly due to the country's increasing emphasis on environmental protection and energy saving, and high-performance rare earth permanent magnet materials are widely used in the field of new energy and have great development potential. Zhang Anwen, deputy secretary-general of the Chinese Rare Earth Society, said that the three fastest growing areas of rare earth applications in the future are permanent magnets, petroleum catalytic cracking, and automobile exhaust purification. The compound growth rate is expected to be 10.1%, 8%, and 6% by 2018. The rare earth elements involved are lanthanum, cerium, praseodymium, neodymium and dysprosium. Morgan Stanley predicts that permanent magnet direct drive will account for 70% of offshore wind power installations in the future; in 2015, global permanent magnet direct drive will account for 15% to 20% of all wind turbines. According to the forecast of the Global Wind Energy Council, the cumulative installed capacity of wind power will double between 2013 and 2017, reaching 536GW by 2017; the annual new capacity will increase from 40GW in 2013 to 61GW in 2017. Asia will continue to be the world's largest market, with approximately 112GW of installed capacity within five years, and a total capacity of more than 200GW by the end of 2017. The Shenwan research report predicts that the demand for NdFeB for wind power in 2014 will be 4,074 tons, a year-on-year growth rate of 28%. "In addition, hoisting machinery, motors for oil extraction pumps, magnetic separators, power tools, rail transit, especially various types of rare earth permanent magnet motors for industrial use, and micro-special motors will all have a stable demand for rare earth permanent magnet materials. Growth. China's demand for rare earth permanent magnets is expected to reach 150,000 tons in five years." Zhang Anwen said. Rare earth neodymium iron boron technology to replace ferrite magnets is a positive and beneficial material replacement. The reason for the replacement of rare earth materials is mainly due to insufficient supply of rare earths or high prices of rare earths. Alternative materials and related technologies are sought at home and abroad. The replaced materials and technologies are upgraded and have a better cost performance. The analysis mainly has the following alternative modes: 1. Resource substitution: resource-consuming countries seek to diversify their supply and replace China's supply, which will gradually form a supply pattern from the United States, Australia, Canada, Vietnam, India and other countries. 2. Substitution of business ty...
Rare earth market slightly pulls back, mainstream products decline in popularity
23

Dec 2021.

Rare earth market slightly pulls back, mainstream products decline in popularity

Last week (December 13th to December 17th, the same below) the rare earth market pulled back slightly, and the popularity of mainstream products dropped significantly. During the high turbulence stage, the market initiative focused on the attitude of downstream entry. Due to the return of funds at the end of the year, The high prices have led to market sensitivity. With the flood of follow-up news, rare earth prices have been slightly adjusted this week while they are weak and stable. This week’s rare earth market transactions are better than last week. Although buyers and sellers are gambling with each other, both oxides and metals have made gains. The prices and shipments of separate companies are still relatively strong. There are not many new orders from metal factories and the prices of raw materials are small. Go lower. On the whole, the real order price has lowered the market price more obviously, and the light rare earth has a slight correction at the high level. Although the dysprosium and terbium products are quoted at a high price, the transaction price is slightly concessionary, and the gadolinium and holmium products maintain the high quotation but lack transaction cooperation. Specifically: at the beginning of this week, in the case of continuing the weakness of last week, some magnetic companies took the lead in inquiring single-metal neodymium praseodymium. Under the pressure of cost and auxiliary materials, inquiries for low-priced neodymium praseodymium from the market have gradually increased. , Most of the separation plants have relatively firm prices under the support of waste costs. On the one hand, trading companies have expectations for stocking during the Spring Festival, and they have a feeling of covering their goods; on the other hand, most of them believe that there are few stocks in the market and it is difficult to find goods at low prices, so they choose to wait and see. A small number of negative trading companies cashed out at low prices, driving down the price of neodymium praseodymium during the weekend. The enthusiasm of Dysprosium and terbium products to be shipped this week is not high, the expectation of the group reorganization and listing is still optimistic, and the demand before the Spring Festival is still expected. The spot price of gadolinium and holmium products has tightened, and the quotations have been tentatively rising this week. However, due to the lack of real downstream transaction cooperation, only high prices are left this week. As of December 17, the quotations of major rare earth oxide products in the domestic market were: praseodymium and neodymium oxide market quotations of 845,000 to 850,000 yuan/ton, the transaction price was near the low range; dysprosium oxide market quotations were 2.88 million to 2.91 million yuan/ton Ton, the transaction price is low; the market price of terbium oxide is 11.2 million to 11.3 million yuan/ton; the market price of gadolinium oxide is 458,000 to 46...
China's rare earth exports continued to rise in November
16

Dec 2021.

China's rare earth exports continued to rise in November

According to statistics released by the customs, China's rare earth export volume and prices rose in November 2021, and the cumulative export volume in November continued to increase compared with the previous month. Specifically, the export volume in November was 4859.2 tons, a surge of 86.1% year-on-year; the average export price was US$12.5/kg, a year-on-year increase of 13.2%. The year-on-year changes in exports in November maintained the various growth trends of October, while the month-on-month increase in volume and price decreased, and the rate of increase and decrease was 12.2% and -16.0%, respectively. Chart 1: November (2020-2021) export volume, average price and year-on-year From January to November (the cumulative export of rare earths in November), China's rare earth exports were 44,830 tons, a year-on-year increase of 43.3%; the average price was USD 13.2/kg, a year-on-year increase of 35.9%. Chart 2: January-November (2020-2021) export volume, average price and year-on-year The cumulative increase in exports of rare earths in November increased by about 5 percentage points from October. Since May, the cumulative increase in exports of rare earths has continued to rise. The recovery demand before and after the epidemic, the increase in demand for rare earths in the field of energy conservation and environmental protection, and the increase in purchases during the market period And some reserve purchases that may be feared that the supply will be restricted have led to a sharp increase in overseas demand. It is worth noting that, from the data point of view, although the overseas epidemic has repeatedly climaxed, it has not affected China's rare earth exports in the least.
Rare earth price index hits a new high during the year, and prices may continue to rise in the fourth quarter
8

Dec 2021.

Rare earth price index hits a new high during the year, and prices may continue to rise in the fourth quarter

The integration of the rare earth industry is coming to an end. On December 6, according to media reports, my country has approved the establishment of the world's largest rare earth company. The new company will be named China Rare Earth Group and will be established in Jiangxi Province as soon as this month. It will consist of the rare earth assets of a number of state-owned enterprises, including China Minmetals, Chinalco and Ganzhou Rare Earth Group. In this regard, a person from Ganzhou Rare Earth said that the news of the formation of China Rare Earth Group is true, and Ganzhou Rare Earth Group is one of the establishment units. Minmetals Rare Earth said that the reorganization is still under planning and the specific plan has not yet been announced. An industry insider revealed to a reporter from the 21st Century Business Herald that the merger of the above three rare earth companies is expected to be completed in December this year, and will be completed next year at the latest. Prior to September 23, Minmetals Rare Earth (000831.SZ) announced that Chinalco, China Minmetals, Ganzhou Municipal People's Government and others are planning a strategic reorganization of related rare earth assets. The relevant plan has not yet been finalized and needs to be approved by the relevant competent authorities. Affected by the information on the integration progress of these three rare earth companies, the rare earth sector collectively strengthened on December 6. Among them, Hong Kong stocks China Rare Earth rose 11.69%. In the A-share market, Aluminum Corporation of China rose nearly 7%, and Dehong shares had a daily limit. On December 7, the rare earths sector experienced a correction after the surge, and many stocks floated green. According to data from the China Rare Earth Industry Association, on December 7, the rare earth price index was 338.4, a record high for the year. Many industry professionals said that the current policies support industry integration and energy-saving motors will also increase demand for rare earths. Rare earth prices are expected to rise further in the fourth quarter. Last week (November 29 to December 3), mixed rare earth ore and medium yttrium rich europium ore reported 6.15 and 357,500 yuan/ton, respectively, a week-on-week increase of 1.65% and 1.42%. Praseodymium and neodymium oxide, dysprosium oxide, and terbium oxide reported 85.5, 293, and 11.015 million yuan per ton, a week-on-week increase of 0.83%, 0.69%, and 1.85%. NdFeB 50H reported 384,500 yuan/ton, a week-on-week ratio of +1.85%. According to customs data, in October, my country's total imports of rare earths and related products were 2,942 tons, a year-on-year decrease of 78.67%, and a decrease of 54.84% month-on-month; total exports were 9,017 tons, an increase of 53.90% year-on-year, and a month-on-month decrease of -0.85%. For the change in the supply and demand pattern, CICC believes that there are three reasons: First, the import of foreign raw ore...
NdFeB broke out, and rare earths finally reached the middle reaches of the industry
1

Dec 2021.

NdFeB broke out, and rare earths finally reached the middle reaches of the industry

Benefiting from the policy, the penetration rate of NdFeB permanent magnet motors is expected to increase from 3% today to 20%, and the demand will increase by 7 times. According to the "Motor Energy Efficiency Improvement Plan (2021-2023)", by 2023, the annual output of high-efficiency and energy-saving motors is expected to reach 170 million kilowatts, and the proportion of high-efficiency and energy-saving motors in service will reach more than 20%, achieving annual power savings of 49 billion kWh. At the same time, carry out the energy-saving transformation of the existing motors, and increase the application of high-efficiency and energy-saving motors. NdFeB is a must-have for high-efficiency and energy-saving motors, and high-efficiency and energy-saving motors are currently mainly used in new energy vehicle scenarios. From a technical point of view, electric vehicle motors mainly include permanent magnet synchronous motors and AC asynchronous motors. Because the NdFeB permanent magnet motor has the advantages of wide field weakening speed range, high power density ratio, high efficiency, high reliability, etc., it has become the standard configuration of new energy electric vehicle drive motors. Taking a 10kW motor as an example, the use of rare earth permanent magnet materials can reduce the weight of the motor by 130kg. In the comparison of two mainstream motors, AC asynchronous motors have cost advantages, while permanent magnet synchronous motors are more efficient. According to data from the Ministry of Industry and Information Technology, permanent magnet synchronous motors will account for 96.03% of new energy vehicles in 2020, and AC asynchronous motors will only account for 3.97%. Although the penetration rate of drive motors has exceeded 96%, it accounts for only 10% of the total cost of new energy vehicles. In 2020, the market size of China's new energy motors is only 21.62 billion yuan. In addition to the general industrial market, the penetration rate of NdFeB permanent magnet motors is almost negligible, which is also the core key to restricting the development of rare earths. With the introduction of domestic high-efficiency motor policies, the penetration rate of neodymium iron boron permanent magnet motors in traditional industrial scenarios is expected to further increase and promote the development of the industry. Industrial motors are the area that consumes the most power in society. According to an earlier document from the Ministry of Industry and Information Technology, my country's motors consume 75% of the total industrial electricity consumption and account for 60% of the country's total electricity consumption. Under the huge scale of electricity consumption, every increase in the energy efficiency of industrial motors will save tens of billions of kilowatt-hours of electricity annually. Compared with traditional asynchronous motors, neodymium iron boron permanent magnet motors do not require excitation current,...
Supply and demand fundamentals support   rare earth prices remain strong
24

Nov 2021.

Supply and demand fundamentals support   rare earth prices remain strong

Recently, rare earth prices have remained high and fluctuated. According to data released by the China Rare Earth Industry Association, on November 23, the rare earth price index reported 317.4 points, a week-on-week increase of 0.13%, an increase of 8.29% from 293.1 points on November 1. Compared with the situation of the same period last week (November 16), the price increase of mixed rare earth praseodymium and neodymium is the highest. On November 23, the highest reference price of praseodymium and neodymium oxide was 798 yuan/kg, and the highest reference price of praseodymium and neodymium mixed metal was 977 yuan/kg. Since October, rare earth prices have been rising. Based on the price of major rare earth products announced by the China Rare Earth Industry Association on October 8 (the highest reference price), as of November 23, the reference price of praseodymium and neodymium oxide has increased by more than 30%, and the reference price of praseodymium and neodymium mixed metal has increased by more than 20%. Light rare earths such as praseodymium and neodymium oxide are widely used in new energy vehicles, wind power, energy-saving inverter air conditioners, traditional automobiles and other fields. With the rapid development of industrial motors and new energy industries, the industry believes that the upstream materials of rare earth permanent magnets are catching a wave of "express". According to the analysis of CITIC Securities Research Report, new energy vehicles may become the largest downstream application of rare earths in 2025. The downstream demand in the wind power sector continues to be strong. The current global permanent magnet direct-drive wind turbine penetration rate is 30%. It is estimated that the wind power sector will consume 33,000 tons of NdFeB in 2025. The long-term demand for rare earths has been fully opened. The determination of the high-efficiency motor policy also brings new growth space for permanent magnet rare earths. A few days ago, the General Office of the Ministry of Industry and Information Technology and the General Administration of Market Supervision jointly issued the "Motor Energy Efficiency Improvement Plan (2021-2023)", which clearly stated that by 2023, the annual output of high-efficiency and energy-saving motors will reach 170 million kilowatts, and the proportion of high-efficiency and energy-saving motors in service will reach More than 20%. According to the analysis of the Zheshang Securities Research Report, the current proportion of rare earth permanent magnet motors in my country’s motors is relatively low. According to the international general estimation method, the annual demand for neodymium iron boron will reach 20,000 tons, and the downstream demand for light rare earth will reach every year in the next two years. An increase of more than 20%. Driven strongly by downstream demand for new energy, wind power, etc., institutions generally believe that supply and demand basically fo...
Rare earth exports rose sharply in October
17

Nov 2021.

Rare earth exports rose sharply in October

On November 7, the General Administration of Customs announced the export data for October. Among them, 4,330.4 tons of rare earth commodities were exported, with an export value of 420 million yuan. Compared with the previous month, the export volume of rare earths increased by 10.5% and the export value increased by 27.3%; compared with the same period last year, the export volume increased by 89.2% year-on-year, and the export value increased by 180% year-on-year. From January to October 2021, a total of 39,967.7 tons of rare earths were exported, a year-on-year increase of 39.4%; the cumulative export value was RMB 3.44 billion, a year-on-year increase of 78.5%.
Downstream demand is strong, rare earth prices hit a nine-year high
9

Nov 2021.

Downstream demand is strong, rare earth prices hit a nine-year high

The fourth quarter is the traditional peak season for downstream demand for rare earths. Downstream companies such as new energy vehicles, wind power, and energy-saving inverter air conditioners have begun to replenish their inventory. Some domestic manufacturers have limited production due to limited power and production. The overseas epidemic has affected Myanmar's rare earths. Supply continues to be low, and the fundamentals of supply and demand are expected to support rare earth prices. In the recent period of practice, my country's new energy sector has high demand, the light rare earth market has improved, and the price index has hit a nine-year high. At the same time, driven by the demand for NdFeB, the prices of heavy rare earths have risen, but they have not hit a new high during the year.  At present, the transaction in my country's rare earth market has improved, and the light rare earth market has soared. According to the monitoring of the business agency, the prices of neodymium praseodymium oxide, praseodymium oxide, neodymium oxide, neodymium metal, neodymium praseodymium and praseodymium metal in China have risen sharply. As of October 29, the price of neodymium oxide in rare earths in my country was 765,000 yuan/ton, the price of praseodymium oxide was 775,000 yuan/ton, the price of neodymium praseodymium oxide was 732,500 yuan/ton, and the price of neodymium praseodymium alloy was 905,000 yuan/ton. The price of ton and metal praseodymium is 975,000 yuan/ton, and the price of neodymium metal is 915,000 yuan/ton. It is worth noting that the market price of heavy rare earths rose correspondingly, but the price was lower than in April, when the market price of heavy rare earths was at a ten-year high. As of October 28, the price of dysprosium oxide was 2.835 million yuan/ton, the price of dysprosium ferroalloy was 2.84 million yuan/ton, the price of dysprosium metal was 3.63 million yuan/ton, the price of internal terbium series continued to rise, and the price of terbium oxide was 9.65 million yuan. /Ton, the price of terbium metal is 12.2 million yuan/ton. The business agency analyzed that with the sustainable development of the downstream new energy vehicles, wind power, and inverter air conditioners of rare earths, the demand continues. In addition, the domestic rare earth supply is still tight, and the inventory is declining. With the advent, the holders are reluctant to sell. On October 27, the rare earth price index was 675 points, an increase of 21 points from October 26, and a decrease of 32.50% from the highest point (December 6, 2011) of 1,000 points in the cycle from December 1, 2011 to present. The lowest point (September 13, 2015) was 271 points, an increase of 149.08%. In fact, 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 a...
Rare earth industry should contribute to China's carbon neutrality
2

Nov 2021.

Rare earth industry should contribute to China's carbon neutrality

Since the country proposed to achieve carbon neutrality by 2060, the term "carbon neutrality" has quickly changed from an unfamiliar term to a hot one. In September 2020, China announced that its carbon dioxide emissions will reach a peak before 2030, and strive to achieve carbon neutrality by 2060. This year's "Government Work Report" proposes to do a solid job in carbon peaking and carbon neutrality. Industry insiders pointed out that China’s goal of achieving carbon neutrality by 2060 is an opportunity for the rare earth industry, because it will play an important role in increasing the demand for rare earth functional materials, especially the demand for rare earth neodymium iron boron permanent magnets. Carbon neutrality refers to the anthropogenic removal of carbon dioxide and the offsetting of anthropogenic emissions within a specified period of time. The most fundamental way for China to achieve carbon neutrality by 2060 is to transform its energy structure and replace fossil energy such as coal, oil, and natural gas with clean energy such as renewable energy and nuclear energy. At present, the more representative ones are electric vehicles instead of fuel vehicles, wind power generation, etc. Whether it is new energy vehicles or wind power generation, they are inseparable from the application of rare earth neodymium iron boron permanent magnets. Moreover, the carbon neutral policy will promote the accelerated penetration of rare earth neodymium iron boron permanent magnets. NdFeB permanent magnets have obvious energy-saving advantages and will mainly promote China's goal of carbon neutrality in two aspects: On the one hand, neodymium iron boron permanent magnet motors have higher energy efficiency, and the increase in permeability will reduce power consumption. On the other hand, neodymium iron boron permanent magnets will help the development of new energy, and more than 40% of wind turbines use rare earth neodymium iron boron permanent magnets, which will help the development of clean energy. At the same time, the drive motors of new energy vehicles mainly use rare earth neodymium iron boron permanent magnets, which will help reduce the use of fossil energy and carbon emissions in the future. With the increasing global awareness of the fossil energy crisis, the new energy automobile industry has developed rapidly in recent years. Whether it is the rapid growth of emerging auto companies or the active transformation of traditional auto companies, they have conveyed to the outside world the arrival of the electrification era of the auto industry. Governments of various countries have successively issued timetables for the suspension of the sale of fuel vehicles, and China has also proposed to "drive out" fuel vehicles before 2050. As of the end of 2020, a total of 10 million electric vehicles have been put into use worldwide. In 2020, the number of electric vehicle registrations increased by 41% year-on-year. The sales volume of new ener...
  • In April, China's rare earth export volume and price rose

    The latest analysis of statistical data released by the General Administration of Customs of China shows that in April 2022, China’s rare earth export volume and price have both risen, the export volume is at a high value, and the average export price has hit a new high in recent years. Specifically, in April 2022, China's rare earth export volume was 4,427 tons, an increase of 18.5% year-on-year. The data analysis of the monthly average export price shows that the average export price in April hit a new high of nearly 8 years, that is, 24.7 US dollars / kg, which is 2-4 times the monthly average price in the past (at least 10 years). In addition, in the first four months of 2022, China exported a total of 17,107.2 tons of rare earths, a year-on-year increase of 9.4%; the export value was 191.6 million US dollars, a year-on-year increase of 84.5%. The analysis of the export volume data in the past four years ago and April shows that China's rare earth export volume has grown steadily, and the average export price has risen steadily and sharply. In 2022, both the export volume and the average export price will hit a new high in nearly four years. Among them, around 2019, due to trade frictions and the impact of the new crown epidemic, the export volume appeared to fluctuate a little abnormally. In the first four months of 2022, the average export price of China's rare earths reached US$20.7/kg, a significant increase of 68.7% year-on-year, and the rate also increased significantly, with an increase of 45.1% in 2021.
    12

    May 2022.

  • The latest market situation of rare earth

    Recently, rare earth prices have gradually fallen, falling more than 20% from the peak in February, but they are still higher than the same period last year. NdFeB enterprises are differentiated by the sharp fluctuations in rare earth prices - large NdFeB enterprises have limited influence, but small and medium-sized NdFeB manufacturers are plagued by rising raw material prices. As of April 25, the rare earth price index has fallen to 338.9, a 22% drop from the recent peak; but it is still nearly 40% higher than the same period last year. As far as specific products are concerned, on April 24, the price of praseodymium and neodymium oxide was 840,000-860,000 yuan / ton, down about 23% from the highest point in February. In addition, the price of neodymium oxide is 873-893 thousand yuan / ton, and the price of praseodymium oxide is 860-880 thousand yuan / ton, all of which have dropped to varying degrees. In the short term, rare earth price fluctuations are mainly affected by supply and demand and market sentiment. The reason for the change in the supply and demand relationship of rare earth prices this time is mainly because of the mood and confidence of merchants. Once the epidemic is lifted, consumption will return, and production will be normal, the backlog of orders will lead to a concentration of purchases, which will cause the price of praseodymium and neodymium to rise rapidly. In the long run, there is limited room for rare earth prices to fall. With the gradual improvement of the domestic epidemic situation and the gradual recovery of terminal demand, the price of rare earths will remain at a high level under the pattern of tight supply of raw material oxides and stable supply and stable prices of the country. Rare earth prices have risen, and the cost pressure of small and medium-sized NdFeB producers has doubled. Many small and medium-sized enterprises cannot get the goods due to insufficient funds. Even if they have orders, they cannot produce normally. At the same time, downstream customers cannot accept the high cost price. These small and medium-sized enterprises have become 'intermediate sandwiches' under the pressure of upstream and downstream, and they are under great pressure to survive.  Unlike small and medium-sized enterprises that are troubled by the cost of rare earths, large-scale permanent magnet material companies generally have established strategic cooperation with upstream companies and can obtain raw materials at a cost lower than the market price. In addition, large enterprises can also transfer the price increase of rare earths downstream. However, on the other hand, large-scale permanent magnet material companies are also facing the problem of price lock; and the result of downstream price lock is that manufacturers cannot transfer costs through price increases, and must absorb the pressure of cost increases by themselves. NdFeB is mostly used in new energy vehicles, inverter air conditioners, wind power gen...
    5

    May 2022.

  • China's rare earth exports up 6.5% in the first quarter

    On April 13, China Customs released the latest export data for March and the first quarter, including rare earth export data. In terms of specific data, in March, China exported 4,845.2 tons of rare earths. Since then, in the first quarter of this year, China has exported 12,680.2 tons of rare earths, an increase of 6.5% compared with 11,905.1 tons last year. In terms of export value, in March, China exported rare earths of 740 million yuan. Since then, in the first quarter, China has exported rare earths accumulatively of 1.55 billion yuan, an increase of 74.6% year-on-year. Obviously, we can find that in the first quarter, although the export volume only increased by 6.5%, the export revenue increased by 74.6%. What is the reason behind it? I believe everyone is very clear, because the price has risen! In fact, according to data released by the China Rare Earth Association, since the first quarter of this year, China's rare earth price index has been on the rise, as shown in the following figure: According to the specific data, in January, China's rare earth price index was only 342, and by the end of February, it once exceeded 430. However, in March, the price fell again. By the end of March, the price index had fallen to 373. Even so, in March, the rare earth price index was still 9% higher than in early January. During this period of time, the price of rare earth has been lowered, which is gradually returning the market to rationality. As for future rare earth prices, analysts said that in the short term, downstream magnetic material factories still mainly consume existing inventories, but demand support is strong, and rare earth prices are expected to stabilize.
    18

    Apr 2022.

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