ferrite magnets
11.30-12.4 Weekly Review of Rare Earths
Dec 7,2020.

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 holmium, erbium and lutetium products have also begun to rise, but there is no transaction at the corresponding price during the expansion process. The increase has always lagged the price increase. The Heavy Rare Earth Group is still supporting the price of basic product dysprosium; the quotation of terbium products rose again later this week, causing a certain amount of transaction chaos; the increase of gadolinium products with praseodymium and neodymium is relatively reasonable; the quotation of holmium oxide rises with terbium oxide, and The quotation of holmium oxide has exceeded 600,000 yuan/ton this week.

However, although heavy rare earths have a certain upward trend, some products such as terbium oxide and holmium oxide are in short supply. The passive upward adjustment of transactions also indicates the direction of the supply and demand relationship. However, downstream metal and magnetic materials companies are increasing in this regard. The more cautious the view.

As of December 4th, the quotations of some rare earth products: neodymium praseodymium oxide 4.4-4445 million yuan/ton; neodymium praseodymium 55-55.5 million yuan/ton; neodymium oxide 5.2-52.5 million yuan/ton; neodymium metal 6.3-63.5 million yuan /Ton; dysprosium oxide 1.95-19.97 million yuan/ton; dysprosium iron 1.94-19.96 million yuan/ton; terbium oxide 6.2-6.25 million yuan/ton; metal terbium 785-7.9 million yuan/ton; gadolinium oxide 187-1900 yuan /Ton; iron gadolinium 187,000-190 thousand yuan/ton; holmium oxide 580 thousand-590 thousand yuan/ton; holmium iron 590-600 thousand yuan/ton; erbium oxide 17-175,000 yuan/ton. China rare earth magnets supplier

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Follow-up forecast: The judgment last week continues, that is, the follow-up trend of NdPr and Nd products is mainly stable. During the process, there have been several small increases in the purchase of continuous orders, and the duration is longer.

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