SMM news: the market in recent days strong Prev standing on 3000 points, the market rose more or less, coupled with Myanmar rare earth once again banned export news, rare earth plate stocks in recent days strong.
The concept of rare earth permanent magnet strengthened collectively, Zhenghai magnetic material rose by more than 7%, Sinosteel Tianyuan and Tiantong shares rose by more than 5%, Galaxy magnet, Zhongke Sanhuan and so on rose by more than 3% in the afternoon.
Spot, according to SMM quotation learned that the average price of oxides compared with yesterday's offer is the same, at the same time in the Southern rare Earth Group's weekly offer, only gadolinium oxide reduced by 1000 yuan / ton, quoted 161000 yuan / ton.
Recently, according to SMM, the import gate of ionic rare earth mines from Myanmar to China has been closed again. The customs closure for Myanmar, the main reason may be that the Burmese government believes that Chinese enterprises do not have a legal mining license in the Burmese region, stolen mining caused damage to the local environment, and triggered a number of international incidents. The current information is that the Burmese side may indefinitely delay customs clearance until rectification and regulation. In the middle and late September of 2019, the import gate of ionic rare earth mines was opened again, and the market confidence in the price of heavy rare earths was shaken, and the price of terbium and terbium was put under pressure. In the middle and late September of 2019, the import gate of ionic rare earth mines was opened again, and the market confidence in the price of heavy rare earths was shaken, and the price of terbium and terbium was put under pressure.
Recently, the market for medium and heavy rare earths is generally weak, and a small number of goods with low prices exist in the market. Light rare earth, downstream magnetic material enterprises today less procurement in a wait-and-see state, the actual market transaction price fell slightly, but the overall decline is not close to the big factory quotation. Affected by the supply of medium and heavy rare earth ores, it is expected that the prices of dysprosium oxide, terbium oxide and other medium heavy rare earth products will be strong and stable.
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