"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.
This week, the overall performance of the domestic rare earth market is relatively moderate, the trend is stable. However, from the performance among varieties, there is a possibility of differentiation between light rare earths and medium and heavy rare earths.
Light rare earths, praseodymium-neodymium products have been strengthened this week. The separation plant has a strong confidence in the price and a clear attitude towards the price, but the downstream metal factories are still relatively calm and purchase appropriate replenishment according to their own needs. With the slight rebound in prices, the market is afraid of heights, and the price of praseodymium and neodymium oxide is basically stable in the second half of this week. As of Friday, the price of praseodymium and neodymium oxide was 29.4-296000 yuan / ton, up 2000 yuan / ton from last Friday.
In terms of medium and heavy rare earths, the market of terbium is relatively weak this week and its performance is poor. Due to the rapid rise of early prices, the heat of trade has decreased this week, and the market has returned to calmness and rationality, with just-in-need procurement as the main body of the transaction. Of course, under the falling price, the market interest will only be weaker and the willingness to buy will be worse. The prices of terbium products have declined to varying degrees this week. As of Friday, the price of dysprosium oxide was 1830mur1860 yuan / kg, down 40 yuan / kg from last Friday.
SMM believes that the overall downstream demand in the rare earth market in July is not good, so we can see that the trading volume is relatively small for both varieties with strong prices and those with falling prices. But on the other hand, not low cost will also be an important factor to support the price. Recently, the popularity of market rumors has declined, and the market is gradually returning to the original supply and demand side, which may promote the industry to develop more rationally and healthily.
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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 (7.13mur7.17) and Forecast next week
Hot spots in rare Earth Industry
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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