稀土市场上行趋势不改The upward trend of rare earth market remains unchanged
本周稀土市场逐渐趋于理性，但市场参与者对后市持续看好的心态没有改变，尤其在国储、商储后，市场过剩库存逐渐被消化，稀土专项“打黑”行动力度空前，对非法货源的遏制更为明显，稀土市场的寒冬或许已经过去，春天即将来到。The rare earth market is gradually stable. After years of replenishment by downstream and middlemen, the market transaction activity is slightly lower than before. As the commencement time of the separation plant is not long after the year, the supply of some products is still tight.
This week, the mainstream price of lanthanum oxide Market is 13000 yuan / ton ~ 14000 yuan / ton, and the mainstream price of cerium oxide Market is 11000 yuan / ton ~ 12000 yuan / ton. The price is stable. The mainstream price of praseodymium oxide Market is 335000 yuan / ton ~ 340000 yuan / ton, an increase of 5000 yuan / ton ~ 10000 yuan / ton compared with years ago. Due to the market demand for praseodymium and neodymium oxide, most separation plants mainly separate praseodymium and neodymium oxide, and the amount of single praseodymium oxide and neodymium oxide gradually decreases. Therefore, the supply of praseodymium oxide in the market is relatively scarce. Some middlemen said that although the price of praseodymium oxide has risen, the demand situation is not optimistic. Due to the pressure of capital and environmental protection, the ceramic industry has not started to purchase praseodymium oxide glazes after two years, but mainly zirconium silicate and other ceramic raw materials. After, the price rise of praseodymium oxide was mainly caused by the purchase of middlemen, and the market supply was relatively scarce. This part of the supply has not yet reached the terminal.
This week, the mainstream price of neodymium oxide in the market is 268000 yuan / ton ~ 273000 yuan / ton. The price tends to be stable and there is little market trading. The mainstream price of praseodymium and neodymium oxide in the market is 272000 yuan / ton ~ 276000 yuan / ton, the mainstream transaction price is concentrated in 272000 yuan / ton ~ 273000 yuan / ton, and the mainstream price of praseodymium and neodymium metal in the market is 357000 yuan / ton ~ 360000 yuan / ton. The trading volume is not large. Affected by the trading volume, the trend of price rise slows down and gradually stabilizes. Some metal factories said that some large Nd-Fe-B factories prepared enough inventory for two months before the year. After the year, they mainly focus on the procurement of small and medium-sized enterprises. It is expected that the inventory of large factories will be basically digested around March. At that time, a new round of procurement may begin.
This week, the mainstream price of gadolinium oxide in the market is 71000 yuan / ton ~ 73000 yuan / ton, which has increased by 1000 yuan / ton compared with years ago. Recently, the market inquiry has increased. As the market sentiment is still bullish, although the market inquiry is increasing, there are fewer carriers willing to ship, while the spot of separation plants is generally small, and the market trading performance is general. Middlemen with stock up plans said that they are willing to purchase at the current market price, and the higher price is still difficult to accept.
This week, the mainstream price of dysprosium oxide in the market is 1.2 million yuan / ton ~ 1.22 million yuan / ton. A small amount of goods can be obtained at 1.2 million yuan / ton, while the previous price was at least 1.21 million yuan / ton. The price dropped slightly, mainly because the demand was lower than expected, the inventory base of dysprosium iron was large, and the metal factory was not in a hurry to get the goods.
The price of europium oxide is strong this week, and the mainstream price in the market is 430000 yuan / ton ~ 450000 yuan / ton. After the inventory is digested by national reserve, commercial reserve and other factors, the market fundamentals tend to balance, and the possibility of sharp price fluctuation is small.
The mainstream price of terbium oxide in the market is 2.95 million yuan / ton ~ 3.05 million yuan / ton, down 50000 yuan / ton compared with last week (February 13 ~ 17, the same below). There are few market transactions, the middlemen are not willing to take goods at high prices, and the terminal demand is also limited.
This week, the mainstream price of erbium oxide in the market is 170000 yuan / ton ~ 175000 yuan / ton, which is increased by 5000 yuan / ton compared with last week. There are few sources of goods in the separation plant, and it is difficult to get goods from the plant at a low price. Some middlemen reported that after the price adjustment, some downstream are still in a wait-and-see state and do not rush to purchase.
The mainstream price of lutetium oxide in the market this week is between 4.5 million yuan / ton and 4.8 million yuan / ton, up 100000 yuan / ton compared with last week. According to the owner, due to the small output of lutetium oxide, the major rare earth groups are also preparing goods for national storage recently, there are fewer sources of goods in the market, and the factory shipment price has also increased a lot.
This week, the rare earth market has gradually become rational, but the market participants' mentality of continuing to be optimistic about the future market has not changed. Especially after the State Reserve and commercial reserve, the market surplus inventory has been gradually digested. The special "anti Mafia" action of rare earth is unprecedented, and the containment of illegal sources is more obvious. The cold winter of the rare earth market may have passed, and spring is coming.