Rare earth prices rebounded after the holiday, can pick up new orders still need support

Two weeks after the Spring Festival , corporate recovery rates of production , praseodymium , neodymium and gadolinium , and other related products, bounced back to take the lead , and further promote the oxide, praseodymium , neodymium and dysprosium oxide prices rebound. Reporters learned that many companies have started NdFeB mostly in order to do years ago , over the years has not received a lot of new orders , the future prices will continue to rise , praseodymium , neodymium , and other production companies need to recover after production, and see how the next orders .

The first week ( 10 to 16 days) after the Spring Festival , the mainstream price of neodymium oxide, praseodymium spring ago 30-30.5 ten thousand yuan / ton, adjusted to 31.5-32 yuan / ton. Praseodymium neodymium metal market prices from 38-38.5 mainstream yuan / ton to adjust to the ton 39.5-40 million businesses have even quoted to 420,000 yuan / ton, but no record deal .

Meanwhile, gadolinium oxide and gadolinium iron prices have seen a slight rebound , gadolinium oxide and gadolinium iron mainstream prices were at 15.5-16 yuan / ton and 16-16.5 yuan / ton. Have a pick-up of about 10,000 yuan per ton compared to about years ago . Lanthanum, cerium , dysprosium, terbium , europium, yttrium and other product prices consistent with the year , unchanged.

Analysts believe Gao Xin , because the prices of rare earth changes , mainly lower downstream NdFeB factory stock , with various enterprises have started production, will buy some raw materials ; another based on past experience, a year after the Spring Festival will start a wave of rebound of the stock market , so the cargo cover cargo operators are reluctant to sell , resulting in tight supply in the spot prices rebounded .

Last week ( 17 to 23 ) , as soaring neodymium oxide, praseodymium , praseodymium oxide led to the spot market was up . Currently the price of praseodymium oxide 56.5-57 mainstream yuan / ton , compared with year rose 0.5 yuan / ton, there are vendors said they would again raise its price.

Gao Yan believes that because part of the rare earth separation plant have started after the Lantern Festival , the spot market praseodymium oxide amount will not be great . Current end-market demand flat, ceramic factories not fully firing started , companies temporarily to wait and see .


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