[SMM Analysis] the price of medium and heavy rare earths is expected to continue to rise, and the transaction of rare earths in A shares has fallen back.

Published: Jun 17, 2019 13:53 (GMT+8)

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SMM6 17: rare earth spot, SMM quotation, praseodymium oxide neodymium oxide quoted 36.5-370000 yuan / ton, the average price is 367500 yuan / ton, up 5000 yuan / ton compared with the previous trading day. Neodymium oxide was 36.7-372000 yuan / ton, with an average price of 36.95 yuan / ton higher than that of the previous trading day. Terbium oxide 415-4.2 million yuan / ton, the average price is 417.5 yuan / ton, up 50, 000 yuan / ton over the previous trading day. The prices of the rest of the rare earth oxides were unchanged from the previous trading day. At present, the price of raw materials at the end of light rare earth mine is rising, and the price of rare earth products such as praseodymium and neodymium oxide is unlikely to go down in the future, and the downstream magnetic material enterprises of praseodymium and neodymium have strong demand support because of the good sales volume in terminal fields such as new energy vehicles and wind power generation. In addition, today, the National Development and Reform Commission issued a voice: pay close attention to the study and introduction of relevant policies to give full play to the special value of rare earths as strategic resources, the future policy is positive, the market is generally confident, and will continue to support the price trend of light rare earth products such as praseodymium and neodymium oxide. In terms of medium and heavy rare earths, terbium oxide predecessors have maintained a state of replenishment, and the price of medium and heavy rare earths is expected to continue to rise in the future due to the shortage of raw materials.

"check the spot price of rare earths for details

A shares, not long after the opening of the morning, rare earth permanent magnet plate dynamic pull up, Yi'an science and technology, Yingweiteng seal limit, Guangsheng non-ferrous, Minmetals rare earth, Sinosteel Tianyuan and other stocks have followed. Under the influence of the market index, the rare earth plate rose by a large extent after the opening of the market, but after two large increases, the rare earth permanent magnet plate index began to fall back, close to the index at the beginning of the day, and pulled out a shadow line on the basis of the positive line. The performance of individual stocks in the plate was stable, but most stocks rose, but not much, affected by the heat of the news surface. In terms of stocks, the rare earth permanent magnet plate index fell a few days ago. However, recently, the National Development and Reform Commission has held three consecutive symposiums to listen to the opinions of industry experts, indicating the government's determination to deal with the chaos in the rare earth industry. And today's press conference said that "we should pay close attention to studying and introducing relevant policies to give full play to the special value of rare earths as strategic resources." coupled with the drop in trading volume within the plate, the A-share rare earth plate will basically say goodbye to the state of hot speculation in the relevant stocks before.

Relevant information

NDRC: pay close attention to the study and introduction of relevant policies to give full play to the special value of rare earths as strategic resources

Due to the surge in rare earth concept, it will be some time before the share price of Zhenghai magnetic materials is followed up.

June 17 spot price of SMM rare earths

Minmetals rare Earths: notice of receipt of notice from actual Controller

Scan QR code and apply to join SMM metal exchange group, please indicate company + name + main business

Rare earths supply and demand market A shares

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