SMM5 March 25 News: today, A shares opened after the rare earth permanent magnet plate pulled stronger, Jiaozuo Wanfang, Boyun new materials rose, Jintian Copper, Galaxy magnets and so on rose.
According to SMM research, the prices of rare earth products were mixed last week. In terms of light rare earths, the market turnover of praseodymium-neodymium oxide is lower than before, inquiry orders and actual transactions 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 have risen sharply than before. 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.
SMM believes that in terms of medium and heavy rare earths, dysprosium oxide and terbium oxide prices are still in a relatively strong state, upstream merchants offer firm upward prices, and actual transaction prices have risen somewhat. It is expected that the prices of medium and heavy rare earths such as terbium will continue to be strong in the short term and there is a possibility of further upward trend.
According to the Citic Securities Research report, the trade friction escalated under the big country game, the gold price in Shanghai reached an all-time high, and the price of rare earths rose sharply as a whole, driving the index of gold and rare earths up 6.88% and 4.75% in a single day, both of which are the main investment lines of the non-ferrous sector in the near future. In the medium and long term, the wealth effect and currency effect are expected to support the US dollar gold to break through the all-time high, and the strategic value of the rare earth sector is expected to drive the valuation to rise gradually from the current historical low, firmly optimistic about the allocation opportunity at the current time.
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