Rare earth prices will continue to rise in the industry in general lack of confidence

Yesterday, a strong rebound in the broader market, led by outstanding performance rare earth sector. In fact, since last week, the rare earth sector performance are eye-catching. Underlying logic is that since June 20 since the downturn this year, rare earth prices rose for three consecutive weeks.

However, the rare earth metal analyst Rui Tao Gao Xin believes that although the rare earth industry has been warmer, but the long-term perspective, the rare earth downstream application markets Qicheng only operating rate, indicating that demand is still relatively weak, business orders generally insufficient, and thus rare earth prices growth is still relatively fragile. Survey shows that for the afternoon neodymium praseodymium oxide can continue to rise, the industry is generally a lack of confidence. "Not confirmed that this is bottoming out."

As for the light rare earth enterprises announced the shutdown of half the Baotou Rare Earth impact on the industry, the industry said, "rare earth stocks more longer sufficient supply market."

Statistics show that on July 10, on behalf of varieties of light rare earth neodymium praseodymium oxide price of about 280,000 yuan, compared with the price of 250,000 before starting up 12%; heavy rare earth dysprosium 1.5 million yuan on behalf of varieties / ton, compared with the price rise before the start 30%. This is the year the largest increase in total rare earth prices once.

Rare downstream products, the largest manufacturer of rare earth magnetic material NdFeB also slightly improved offer. Currently, NdFeB N40 box blank mainstream market in 138-143 yuan / kg, up slightly from the previous month.

Gao Yan believes that the Ministry and other places in the South Ganzhou Rare Earth launched to combat illegal mining and smelting operations, resulting in a large number of illegal vendors discontinued rare earth prices is the second most important reason for the strong rise. Another reason is that the downstream demand warming. It is reported that magnetic operating margin continued to pick up three percent last year to the current level of Qi Cheng.

In addition, the Baotou Steel Rare Earth announced last week that starting from July 1 will be selected under the dilute plant shutdown for six months, but also to stimulate the market speculation rare earth prices. GF Securities believes that the move will help RE prices stabilized stabilized.


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