ferrite magnets
12.7-12.11 Rare Earth Weekly Review
Dec 14,2020.

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, 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. Terbium products temporarily remained stable due to the support of supply and demand, while gadolinium and holmium performed weakly.


As of December 11, the quotations of some rare earth products: neodymium praseodymium oxide 4.02-40.7 million yuan/ton; neodymium praseodymium metal 515,000 yuan/ton; neodymium oxide 5.0-505,000 yuan/ton; neodymium metal 6.0-605 million yuan /Ton; dysprosium oxide 1.95-197 million yuan/ton; dysprosium iron 1.94-19.96 million yuan/ton; terbium oxide 6.7-6.8 million yuan/ton; metal terbium 8.5-8.6 million yuan/ton. Gadolinium oxide is 1.8-183,000 yuan/ton; gadolinium iron is 1.8-183,000 yuan/ton; holmium oxide is 590-600,000 yuan/ton; holmium iron is 600-61 million yuan/ton.rare earth neodymium magnets wholesale


permanent neodymium magnets manufacturer


Follow-up judgment: The downstream demand support is still there, but the current policy orientation of stabilizing and stabilizing rare earth prices can't be more obvious. In the short term, the mainstream price of praseodymium and neodymium metal will remain within the current narrowing range, and both the pull-up and selling behavior may be controlled by leading companies again.

Starting this week, the trend of heavy rare earth products will be more determined by supply and demand. The surplus of dysprosium products will inevitably continue to decline after the "good" is exhausted, and the relatively small terbium products will remain generally stable in the short term.

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