Light rare earth oxide, praseodymium, neodymium is now nearly four slightly wounded rose significantly

In the doldrums for nearly four months later, the light rare earth finally ushered in the New Year for the first time after a significant rise, according to the display , the light rare earth neodymium oxide, praseodymium increase 3.4 percent this week , so now reported 320,000 yuan / ton , while praseodymium , neodymium alloys rose significantly . According to insiders, February 12 neodymium praseodymium oxide price has to report by 33 yuan / ton.

Analysts said the third quarter of last year, since the rare earth "hitting " rare earth usher rose across the board , but after October LREE downturn, this is the first time in nearly four months significantly increased . Neodymium oxide, praseodymium increase is mainly because the majority of plant shutdowns during the Spring Festival , the temporary market supply slightly nervous , but the increase remains to be seen whether the continuation , but now the price has not yet raised the heavy rare signs of recovery throughout the rare earth industry unspeakable .

Online industry analyst Wu Chen- hui said the praseodymium neodymium metal prices rise, driven mainly by favorable policies , the NDRC issued last week, the new energy automobile policy than expected, the United States to develop and modify the standard energy-saving motors , Beijing held a National Conference motor system energy saving , permanent magnet motor will usher in greater demand , suggesting potential demand NdFeB materials , which will lead to increased long-term inventory becomes a possibility. Moreover Festival NdFeB manufacturers orders gradual increase demand for raw materials procurement ; Meanwhile , the majority of small neodymium micro rough plant materials inventory , fill mining operations have prompted the Pr-Nd alloy price increases .

A brokerage analyst on condition of anonymity , said the next big trend in energy saving new energy vehicles driven logic high performance magnetics development will continue to be strengthened , the main opportunities are still rare earth permanent magnet plate downstream aspects of NdFeB magnets . The entire industry faces , the integration of a large group of rare earth favorable short-term difficult to achieve, but do not rule out rare earth " anti" -than-expected results as well as purchasing and storage policy rare honor last year's third quarter brought a similar explosive growth .


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