China Rare Earth Price - March 25, 2022

China rare earth price showed a slight downward trend as a whole in the week ended on Friday, March 25, 2022. In addition to the easing of supply and demand problems in the early stage, the limited support of favorable policies is also the reason why the consumer market has changed significantly. The advantage of the buyer's market is significantly improved, and it is difficult for the seller to stabilize the price.

However, supported by factors such as the repeated epidemics in Inner Mongolia, Henan and other places, the launch of the second round of the sixth batch of central ecological and environmental protection inspectors, the continuous rainy weather in many places, and the high commodity prices, most suppliers have maintained rational price adjustments to reduce inversions. risk.

In terms of negative factors, first, the price of rare earth raw materials rose too fast before March, which led to an increase in the risk aversion of downstream users and a slowdown in receiving goods; second, due to the repeated impact of the development of Russia and Ukraine and the global epidemic, industries such as automobiles and consumer electronics have been impacted to a certain extent, thereby reducing the amount of rare earth functional materials; third, the rare earth office of the Ministry of Industry and Information Technology has interviewed key rare earth companies on the continuous rise in rare earth prices, and asked not to participate in market speculation and hoarding, and jointly guide product prices to return to rationality.

In terms of news: customs data show that from January to February, China imported 837.5 tons of mixed rare earth carbonates, with a unit price of $5,509.5/ton; imported rare earth metal ore 13,026 tons, with a unit price of $6,802.6/ton; imported rare earth mixtures of 1,362.6 tons, with a unit price of $17,204.7/ton ; 487.7 tons of unlisted rare earth oxides were imported, and the unit price was US$72,504.8/ton.

Prices of rare earth products on March 25, 2022

Picture of metal cerium

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