In recent years, the price of heavy rare earth rebounded and rose, but the market price of light rare earth is still at a low level. The price trend chart of some domestic rare earth products:

Recently, the domestic market price of heavy rare earth rebounded. As of the 15th, the price of dysprosium oxide was 156000 yuan / ton, an increase of 2% this week; the price of dysprosium ferroalloy was 156000 yuan / ton, an increase of 2%; the price of terbium rare earth also rose 10000 yuan / ton on the 15th. However, the domestic market price of light rare earth still maintained a low level, the price of neodymium oxide was 285500 yuan / ton; the price of praseodymium neodymium alloy was 360500 yuan / ton The price of praseodymium neodymium oxide is 283500 yuan / ton. In recent years, the domestic price of heavy rare earth rebounded higher, and the market price of light rare earth stopped falling. Affected by favorable national policies, the market of heavy rare earth rose.

On November 15, the rare earth index was 335 points, the same as yesterday, 66.50% lower than the highest point in the cycle, 1000 points (2011-12-06), and 23.62% higher than the lowest point, 271 point, on September 13, 2015. (Note: cycle refers to 2011-12-01 to now).

In recent years, the market price of rare earth has stopped falling and stabilized, the price of heavy rare earth in the rare earth market has rebounded and increased, the supply policy of domestic heavy rare earth market, the export of heavy rare earth has improved, and the price of domestic heavy rare earth has rebounded and increased. In addition, the demand for permanent magnet has increased recently, the market trend of PR nd series products has stopped falling, the on-site supply is normal, the demand for light rare earth is general in the near future, and the market price remains low. The price fluctuation of rare earth market is related to the national environmental protection supervision. Rare earth production has particularity, especially some products have radiation hazards, which makes the environmental protection supervision more strict. Under the strict inspection of environmental protection, the manufacturer reasonably controls the sales, but the downstream demand has not changed much in the near future, and the price trend of most rare earths is mainly stable.

Geng Shuang, spokesman of the Ministry of foreign affairs, presided over a regular press conference on the 14th. Geng Shuang said that China is the world’s largest country in rare earth reserves and production, and plays an important role in the global rare earth industry chain. China has always adhered to the principle of openness, coordination and sharing, promoted the development of domestic rare earth industry, and is willing to meet the legitimate needs of the development of all countries in the world with rare earth resources and products, To play a positive role in promoting the development of China’s economy and the world economy. China’s rare earth production accounts for 73% of the world’s total, ranking first in the world and playing an important role in the game between big countries. Rare earth PR nd and Dy TB are mainly used in NdFeB magnetic steel. In addition, the Ministry of industry and information technology and the Ministry of natural resources jointly issued a notice to release the total amount control indicators of rare earth mining, smelting separation and tungsten mining in 2019. The supply and demand pattern of the rare earth industry is expected to further improve, and people in the domestic market are waiting for the good news of the national reserves.

Rare earth analysts of the business agency expect that the recent domestic environmental protection scrutiny will not be reduced. In addition, the domestic export of rare earth industry will be well supported, and the supply and demand pattern is improving in a good way. It is expected that the price of heavy rare earth in the rare earth market is still expected to continue to rise, and the light rare earth affected will also have a rebound.