[SMM Weekly report selected] Light rare earth inquiry order transaction is weak, medium and heavy rare earth collection and storage is expected to be stronger and trading is expected to pick up.

Published: May 23, 2020 09:35

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[SMM Weekly selection] Light rare earths praseodymium-neodymium oxide market turnover is lower than last week, inquiry orders and actual transactions are generally weak. Due to the market demand upstream merchants gradually cut prices, praseodymium neodymium oxide prices gradually fell. In terms of medium and heavy rare earths, the prices of dysprosium oxide and terbium oxide rose sharply this week compared with last week. The recent acquisition and storage expectations have attracted much attention from the market. Myanmar's imports of ionic rare earth minerals are relatively low compared with the same period last year, and the market is expected to maintain a relatively low level of imports of ionic rare earth minerals that may be caused by the upcoming rainy season in Myanmar, and market enquiries and transactions have picked up.

"SMM rare Earth Weekly report" released, the weekly report SMM will select one of the hot topics, prices, market or major changes in the industrial chain information released into a document for your reference.

The prices of rare earth products have been mixed this week. In terms of light rare earths, the market turnover of praseodymium-neodymium oxide this week is lower than that of last week, and the inquiry order and the actual transaction situation are generally weak. Due to the market demand upstream merchants gradually cut prices, praseodymium neodymium oxide prices gradually fell, Friday praseodymium neodymium oxide quotation 26.6-269000 yuan / ton. In terms of medium and heavy rare earths, the prices of dysprosium oxide and terbium oxide rose sharply this week compared with last week. The recent acquisition and storage expectations have attracted much attention from the market. Myanmar's ionic rare earth ore imports are relatively low compared with the same period last year, and the market is expected to maintain a relatively low level of ionic rare earth ore imports that may be caused by the upcoming rainy season in Myanmar, the impact of tightening of rare earth mineral raw material supply and market storage expectations, upstream merchants actively raise quotations, market enquiries and transactions have warmed up. Dysprosium, terbium prices are supported by the actual transaction situation, the performance is relatively strong and rising day by day. Dysprosium oxide 193-1.95 million yuan / ton and terbium oxide 415-4.2 million yuan / ton on Friday.

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Catalogue of "SMM rare Earth Industry chain Weekly report" in this issue

Main points of this issue's weekly report

Prices of major rare earths in China

Market Review and Forecast: rare Earth prices this week (5.19mur5.23) and next week's Forecast

Hot spots in rare Earth Industry

Political policy

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The contents of the "SMM China rare Earth Industry chain routine report" include: market review and forecast, rare earth industry hot spots, overseas market hot spots, rare earth upstream and downstream industry hot spots, political policies, weekly update interpretation of hot events, focusing on the contradictions that have changed greatly during the week. "View details

Weekly hot spots rare earths

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