Briefing of Important News
This week, prices of PrNd kept in line with last week, DyFe and Tb fell slightly. Price from Asian Metal at this weekend presented: PrNd metal 403-408元/KG, DyFe alloy 1800-1820元/KG, and Tb metal 4980-5030元/KG.
Analysis of Professional Insiders
After the National holiday, the upstream and downstream waited for a few days and ended up with the northern rare earth unchanged price. Some downstream enterprises are restrained in purchasing before the holiday, and there is a certain amount of rigid replenishment after the holiday. While the upstream also starts to make small adjustments, and the overall transaction atmosphere has improved, but it is still relatively light.
Compared to the early post-holiday period, various active products have been slightly reduced. The original mineral PrNd oxide is still relatively firm near the high level and the separation plant quoted a high price for it. Although there is a decline but the amplitude is extremely small, compared with the raw ore, sludge is relatively weak, the current transaction price is around 280,000 RMB/ton.
The mainstream transaction of Metal PrNd was 395,000-398,000 RMB/ton, some transactions were below 395,000 RMB/ton, but the mainstream manufacturers are difficult to correspond to the cost, and it does not constitute the mainstream. According to the sales feedback, there is a small amount of purchase downstream, but the price reduction for the metal still exists. The subsequent adjustment will depend on the trend of PrNd oxide, and there is no big concession space.
The directive plan has not yet been issued, and relevant ministries and commissions are still carrying out environmental protection and other inspections on the rare earth industry. The production of upstream enterprises in the southern region will be restrained, and there will be some support for the recent trend of maintaining stability. (Ruidow rare earth information)