The price trend of some domestic rare earth market continued to rise this week, heavy rare earth price rose, and neodymium series price rose in light rare earth market. According to the rare earth plate index of business society, the rare earth index on November 12 was 369 points, up 1 point compared with yesterday, 63.10% lower than 1000 points (2011-12-06) and 36.16% higher than 271 point, the lowest point on September 13, 2015. (Note: period refers to 2011-12-01 to now).

As of the end of the week, the price of praseodymium and neodymium oxide in China was 345000 yuan / ton, up 0.29% from 344000 yuan / ton at the beginning of the week; the price of praseodymium and neodymium alloy was 435000 yuan / ton, up 0.69% from 432000 yuan / ton at the beginning of the week; the price of neodymium oxide was 386000 yuan / ton, 3.76% higher than 372000 yuan / ton at the beginning of the week; the price of metal neodymium was 479000 yuan / ton, 2.79% higher than 466000 yuan / ton at the beginning of the week; The price of praseodymium oxide was 330500 yuan / ton, up 0.92% from 327500 yuan / ton at the beginning of the week; the weekend price of metal praseodymium was 615000 yuan / ton, which was the same as the price of 615000 yuan / ton at the beginning of the week.

In recent years, the domestic market price of light rare earth continues to rise, the wait-and-see attitude still exists, the trading volume changes little, the manufacturer’s price has been supported to some extent, the price of some light rare earth market continues to rise, and the price trend of other products is mainly stable. Recently, the demand and stock situation of permanent magnet manufacturers are more positive, the price of praseodymium and neodymium series rare earth has increased slightly, and the market price of light rare earth has improved Rise, recently due to the normal supply and demand of praseodymium series products, praseodymium series prices remain stable. In addition, due to the impact of the epidemic situation on rare earth production and export, overseas demand has not improved, and the domestic light rare earth market prices have increased slightly recently.

This week, the price trend of domestic direct family rose slightly. By the end of the week, the price of dysprosium oxide was 1.735 million yuan / ton, which was 0.29% higher than that at the beginning of the week; the price of dysprosium ferroalloy was 1.715 million yuan / ton, which was 0.59% higher this week It is the uncertain information about the collection and storage. At present, Myanmar’s customs clearance still has a tightening impact on the domestic import and supply of medium and heavy rare earth. However, the downstream demand is positive recently, and the market price of heavy rare earth has risen slightly. Due to the tight supply, the price of terbium series continued to rise. Recently, the price of heavy rare earth has been at a high level, and the market price of heavy rare earth has continued to rise.

The Ministry of industry and information technology issued the notice on the docking and implementation of preferential policies for rare earth industry. According to the notice, the rare earth office entrusted China Nonferrous Metals Industry Association and China Rare Earth Industry Association to sort out and summarize the policy documents suitable for the application of rare earth enterprises, and formed a collection of supporting policies for the resumption of work and production of rare earth industry. Favorable policies support the development of rare earth industry. Meanwhile, Sino US relations are tense. Key products of rare earth trade between China and the United States are of great significance. The national policy is conducive to the balance of supply and demand of rare earth industry. Recently, the supply of rare earth market is normal, and the demand is more positive. This week, the domestic rare earth price continued to rise slightly.

Recently, the domestic demand for rare earth has improved, and the downstream purchase is active, and the trading market has risen. Analysts from business agency expect that the rare earth market price will continue to rise slightly in the future.