RE prices expected to continue strong short-term

Insured by the cuts and the government to combat illegal rare earth mining and other positive boost yesterday, the concept of rare earth sector led the two cities, and ultimately the overall increase of more than 7%. Insiders pointed out that rare earth prices are expected to continue to pick up in the near future, the related stocks have the opportunity to continue to be strong.

Prices push stocks higher

Yesterday, rare earth permanent magnet concept stocks "blowout." Kinwa, Xiamen Tungsten, Baotou Steel Rare Earth, Minmetals Development, the color of shares and other 17 stocks daily limit. Insiders said that the concept of rare earth permanent magnet stocks higher, from this year, the Ministry of Industry and other relevant departments to integrate the entire industry, while the government on the rare earth industry, ongoing chaos strikes, which gradually stabilized the decline in rare earth prices.

According to market prices, as of now, the price of dysprosium oxide is 157 yuan / ton, the lowest point from early June rebounded by more than 30%. Praseodymium neodymium price is 28 yuan / ton, compared with the lowest point in mid-June rebounded 11%. Insiders said rare earth prices rose rapidly, which is extremely rare in recent years.

In fact, by the economic slowdown and other factors, the past two years, shrinking market demand of rare earth, rare earth permanent magnet materials industry boom also stumbled. The class of rare earth permanent magnet on the secondary market can be described as tragic stocks fell. Statistics show that half of this year, stocks fell overall in the state in which the Baotou Steel Rare Earth, Xiamen Tungsten, Rising Nonferrous other ten company's share price fell more than 20%.

"Rare earth stocks already in the oversold condition, and the industry is facing short-term positive factors, which prompted Recently strength in rare earth stocks." Hualong Securities Investment Consulting Niu Yang expressed.

The short term is expected to continue to be strong

Nearly a month rare earth permanent magnet material prices rebounded significantly, and ultimately stimulate market investment enthusiasm. Rare earth stocks continued to rise this week, Minmetals Rare recently rose more than 30%. In product prices rose 30 percent, up more than 15% of the sector in the context of the rare earth sector investment opportunities are also able to continue?

Haitong Securities analyst Shi Yi in the nonferrous metals industry research report pointed out, recalling the end of 2012 rare earth stocks rally, then shut down the central enterprises to stimulate and protect the price of neodymium oxide, praseodymium prices, sector rose more than 40%, round up to the South of rare earth prices the fuse for the heavy rare earth species stimulate more obvious sense, the whole plate is still up space.

CICC latest research report also pointed out that, to benefit from the government to combat illegal mining and reduce the supply of rare earths expected, rare earth prices are expected to continue to pick up in the near future, supporting rare earth stocks such as China Minmetals Rare Earth, Rising colored, Baotou Steel Rare Earth's share price performance.

Focus on species dynamics: RE: RE upstream of the recent consolidation, discontinued, some rare earth prices rebound. Baotou Steel Rare Earth dilute election announcement last week plant shutdown, supply and consumption of inventory to promote the return of intentions clear, rare earth prices continue to rise. However, because of the heavy volume of overseas rare earth downstream demand instability, high inventory three factors, is expected to rebound in the second rare earth prices is difficult to have a big increase, is expected to less than 25%. NdFeB: Last week Sintered NdFeB N35 rough prices at 137 yuan / kg, NdFeB industry is currently off-season, the market trading downturn, no signs of improvement in the short term. Tungsten: Last week the price of tungsten concentrates the footsteps stopped rising continuously maintain high stage 154,000 yuan / ton. Last week, Minmetals, tungsten Tungsten Market Association has issued guidance, CMN July wolframite 65% offer for 155,000 yuan / standard tons, scheelite 65% offer for 154,000 yuan / standard tons, and June offer the same. ITIA July wolframite, APT and guided tungsten powder particles were 155,000 yuan / standard tons, 230,000 yuan / ton, 350 yuan / kg. Were up 20,000 yuan / standard tons, 23,000 yuan / S ton, 30 yuan / kg. Germanium: Last week, a record high of 99.99% germanium continue to 126,000 yuan / ton, based on the industry's major companies control production, to promote recognition of germanium price value return, we expect the price will continue germanium hit a new high. Zirconium: The domestic market is still weak steady state based, although outlook zircon sand prices upward potential, but considering the sluggish downstream demand is still weak, zirconium products no small upward price pressure. Lithium: Domestic 99.5% last week remained at 43.0 yuan lithium carbonate / kg, we are optimistic about the logic of the lithium industry is still the salt lake, mining lithium capacity release under less than expected prices.

Colored plates fell in June for a month after the end of a rebound last week, in which the rare earths and lithium resources, led by small metal species or front, as rare corporate performance fell significantly, the lack of long-term support price, we believe that this earth prices provide only short-term trading opportunities. Still maintain medium-term strategy report views, magnetics and lithium resource sector but also have long-term investment value. Medium and long term, long way to go to combat rare black industry chain, industry trends still need to observe the policy coherence and enforcement; And given the global economic slowdown led to rare earth permanent magnet materials, sluggish demand, coupled with the increasingly rare study of alternative products mature, investors need to be cautious attention.


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