First half results were generally pre-cut rare earth prices are expected to rebound in the second half

According to reports, by the influence of rare-earth prices fell sharply, rare earth permanent magnet first-half results were generally declined. According to statistics, A shares the concept of rare earth permanent magnet type 30 companies, has announced results of Letters performance prediction and a total of 19 companies, of which 12 companies announced the first half net profit pre-cut. Experts agree that the second half of the rare-earth prices are expected to rise bottoms, and is expected to achieve corporate performance rare earth permanent losses or recovery.

According to statistics, Advanced Technology, the color of shares, three rings, Minmetals Rare Earth and other companies net profit pre-cut more than 80%, of which Taiyuangangyu net pre-cut rate reached 249%, rare earth permanent magnet plate for the current pre- minus the highest rate of the enterprise.

Rare earth prices fell sharply, declining sales become a drag on the first half performance rare earth permanent magnet enterprises the main reason. From raw material prices, the first half of neodymium praseodymium oxide average price of 301,000 / ton, down 29%, a decline of 12% dysprosium oxide 1847.4 yuan / kg, down 63 percent, a decline of 45%.

With Ganzhou region "black earth" attack in depth, rare earth prices have signs of bottoming out. Although there is a reversal for the earth to judge whether the price is not consistent, but the market more than that, you can continue to rise if the price of rare earth, rare earth permanent magnet corporate annual results are expected deficits.


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