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The heat of the rare earth plate pulls up again, and many stocks are up by the daily limit in early trading.
May 28,2020 10:47CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM5 March 27 News: rare earth permanent magnet concept pull stronger, Yinglohua trading limit, Jinli permanent magnet, Jintian copper industry, Zhenghai magnetic materials and so on.

Among them, Yinglohua rare earth permanent magnet materials are sold in many places all over the world, and the main end users include: Apple, Samsung, BYD, Philips, Yutong and other well-known companies. the main business is rare earth permanent magnet materials and products, motor series, logistics and fire protection intelligent equipment, the company's rare earth permanent magnet materials related products are widely used in computers, automobiles, wind power instruments, household appliances and medical treatment and other fields. According to the quarterly report for 2020, Yinglohua's operating income was 436 million yuan, down 14.77% from the same period last year, while the net profit belonging to shareholders of listed companies was 26.32 million yuan, down 14.4% from the same period last year.

Due to the recent heavy rare earth prices hovering at the bottom, while the market expectations of rare earth prices, the transmission of information to the stock market, investors began to chase rare earth permanent magnet stocks, in many ways, formed a positive for rare earth permanent magnet stocks.

Spot SMM survey learned that in terms of medium and heavy rare earths, the prices of dysprosium oxide and terbium oxide rose sharply last 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.

According to SMM historical prices, dysprosium oxide 193-1.95 million yuan / ton yesterday, terbium oxide quoted price 415-4.2 million yuan / ton.

The organization believes that there are four major laws of rare earth investment: (1) the rare earth plate has a high popularity and tenacious vitality, and there is a market every year, with an average annual band increase of more than 50% in the last decade, which is very worthy of study and participation; (2) the inventory of rare earth magnetic enterprises is relatively high, and most of the current assets account for more than 25%. The rising price of rare earths and the revaluation and appreciation of inventory are the main investment logic of the magnetic plate. (3) the valuation is too high and normal, paying more attention to the industry logic and market sentiment; (4) the new logic is added to the industry, the trade situation is tense, the international situation is treacherous since the new crown epidemic, and the domestic rare earth industry occupies the absolute advantage of global supply. Export reaction logic is expected to dominate the future market of the plate.

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