SMM, 11 Oct:
The prices of dysprosium oxide and terbium oxide in the rare earth market fell this week. Dysprosium oxide fell from 185-1.88 million yuan / ton at the beginning of the week to 180-1.83 million yuan / ton on Friday, and terbium oxide fell from 385-3.88 million yuan / ton at the beginning of the week to 380-3.83 million yuan / ton on Friday. The price of praseodymium and neodymium oxide is stable at 31.5-320000 yuan / ton during the week, and there is a slightly lower price source in the market. After the 11th Festival, the overall transaction atmosphere of the rare earth market is weak. The heavy rare earths were affected by the customs clearance from Myanmar before the festival, and the market doubted whether the import gates from Myanmar would continue to open in the future. One of the reasons for supporting the rise of dysprosium oxide and terbium oxide in the future was shaken, the market wait-and-see mood was strong, dysprosium oxide and terbium oxide were weak, and there were actually a small number of low-priced dysprosium oxide and terbium oxide supplies in the rare earth market during the week. In terms of light rare earths, the post-festival market is generally waiting for the guidance of the listed prices of northern rare earths to the market, the actual transaction of the market is on the weak side, and most businesses hold a wait-and-see mentality. Although the northern rare earth listing price announcement is flat compared with last month, the rare earth market confidence in the future of praseodymium and neodymium oxide has a certain degree of boost, but some market participants doubt whether the price of praseodymium and neodymium oxide can continue to rise in the future.
SMM believes that at present, it is not clear whether Myanmar's import gate will be opened, which will still support the prices of dysprosium and terbium to a certain extent, and there is limited room for short-term decline in the prices of dysprosium oxide and terbium oxide. Light rare earths, praseodymium and neodymium prices decline is not obvious, it is expected that the future if there is no demand to support praseodymium and neodymium oxide prices will decline, but overall short-term praseodymium and neodymium oxide prices may be weak and stable
[focus] 2019 China rare Earth permanent Magnet Industry Market Application Development Forum
As a result of the Sino-US trade war, rare earths have become the focus of global attention. China has the largest rare earth industry resources and export share in the world. The world is highly dependent on China's rare earths, especially the United States. In the future, China will make good use of the development advantages of the rare earth industry, how to improve the development of the industry, and monitor and crack down on black rare earths in order to standardize the ecological environment of the industry. Whether the rare earth industry has become a rising star after it has been mentioned as a strategic development industry, Do rare earth enterprises usher in tuyere? How will the price of rare earths go? At the "2019 China rare Earth permanent Magnet Industry Market Application Development Forum", SMM will invite industry experts and enterprise bigwigs to interpret market focus topics for everyone, and provide technical professional guidance for the high-quality development of enterprises, so as to help enterprises have more advantages in the fierce competition. Welcome to the summit, together with the industry!
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