The latest listing price of rare earths in South China announced the price reduction of holmium oxide and gadolinium.

SMM9 March 8: China Southern rare Earth Group South rare Earth International Trading Co., Ltd. announced the latest listing prices of medium and heavy rare earth oxides, and the prices of individual rare earth oxides have been lowered. In terms of price changes, the listing price of gadolinium oxide is 178000 yuan / ton, which is 5000 yuan / ton lower than that of the previous period. The listing price of holmium oxide is 430000 yuan / ton, which is 5000 yuan / ton lower than that of the previous period, and the prices of other varieties are the same as the previous period. Among them, samarium oxide is listed at 12000 yuan / ton, europium oxide is listed at 300000 yuan / ton, terbium oxide is listed at 4.95 million yuan / ton, dysprosium oxide is listed at 1.95 million yuan / ton, erbium oxide is listed at 170000 yuan / ton, ytterbium oxide is listed at 100000 yuan / ton, lutetium oxide is listed at 4.75 million yuan / ton. Yttrium oxide is listed at 22000 yuan / ton and scandium oxide at 9 million yuan / ton.

Last week, the price trend of the rare earth market as a whole was poor, the market trading was sporadic, and consumers were cautious in purchasing. The transaction prices of medium and heavy rare earths such as terbium have declined; for light rare earths, lanthanum and cerium have remained stable, and the fundamentals and trading conditions have not changed much.

As of today, according to the official website of SMM, the average price of individual varieties was lower than that of yesterday, among which, the average price of neodymium metal was 45.3-457000 yuan / ton, which was 4500 yuan / ton lower than that of yesterday; gadolinium oxide was 17.8-180000 yuan / ton, which was 2000 yuan / ton lower than that of yesterday; oxidizing iron was 42.7-432000 yuan / ton, and the average price was 3000 yuan / ton lower than yesterday. Other rare earth oxides and metals were the same as yesterday, praseodymium-neodymium oxide was quoted at 33.8-342000 yuan / ton, praseodymium-neodymium metal at 43-436000 yuan / ton, metal praseodymium at 69-700000 yuan / ton, terbium oxide at 4870-4920 yuan / kg, metal terbium at 6220-6270 yuan / kg, oxide at 1740-1760 yuan / kg, metal at 2220-2280 yuan / kg.

Industry insiders judge that light and heavy rare earths fluctuate little in the short term, but the trend is still likely to continue to differentiate.

Yesterday, according to data released by the General Administration of Customs, China's rare earth exports totaled 1640 tons in August, down 1.36 per cent from the previous month and still falling sharply by 62.3 per cent from a year earlier. From January to August, rare earth exports totaled 24378 tons, down 25.7 percent from the same period last year. On the price side, the export price of rare earths rose significantly in August, up 79% from the same period last year.

SMM believes that July and August are the overseas summer break. In addition, under the interference of the epidemic, overseas market demand remains sluggish. According to some traders, the atmosphere of overseas inquiry orders in July is light, and correspondingly, the operating rate of domestic rare earth factories is relatively low, resulting in a sharp decrease in rare earth exports in August from the previous month, and there is no big fluctuation compared with July. From June to August this year, the price of medium and heavy rare earths in China has risen rapidly, and some merchants have cashed out their shipments at present, which has also led to a relaxation in prices in the near future. Consolidation or even a small correction under the current higher price is the adjustment of the market itself, and it is expected that the market as a whole will still be able to do so in September and October.

"what's the secret? Rare earth exports declined year by year. Rare earth exports decreased by 25.7% in the first 8 months.

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