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The rare earth permanent magnet plate fell sharply on the first day of Science and Technology Innovation Board's opening day.
Jul 22,2019 15:32CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM7 22 month news: today's rare earth plate collective plummeted, Huicheng environmental protection, Galaxy magnets, Huahong Technology, Sinosteel Tianyuan fell by the limit, Guangsheng Nonferrous, North Mine Science and Technology, Dehong shares fell 9%, today rare earth permanent magnet plate index fell 5.3%. Some people believe that the policy side to further support the promotion of new technology R & D to rely on basic R & D capabilities and technological progress of innovation-driven development, the domestic rare earth permanent magnet leader is expected to fully benefit. The market of high elastic rare earth plate and growing rare earth plate is expected to continue, the price of medium and heavy rare earths is expected to continue to rise, and the contraction of overseas imports and higher costs may lead to the price of light rare earths may stabilize.

Spot, although the price of light rare earths continue to fall, but the actual market transactions have not recovered, downstream magnetic materials enterprises buy light. In terms of medium and heavy rare earths, there is a low price source in the market, but the quotation of large factories is relatively stable.

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