"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 domestic rare earth market continued to be in the doldrums this week, with light rare earths and medium and heavy rare earths all under pressure, prices falling, and trading has not improved.
Light rare earths, this week praseodymium neodymium oxide demand and transactions are not prosperous, prices still showed a slight decline. Although the quotation of the separation plant is relatively strong, only a small reduction in the quotation to meet the purchase of the actual order, but the willingness of the market circulation is not strong, with the market, the price is on the low side. At present, metal factories are purchasing according to the single rigid demand, even in the wait-and-see mood, there will be delayed procurement behavior, the price is under serious pressure. Praseodymium-neodymium metal faces the same problem, the recent recovery of foreign trade orders for downstream magnetic materials is still not obvious, domestic order problems, in the falling price market on-demand procurement, transaction hesitation. As of Friday, the price of praseodymium-neodymium oxide was 32.6-330000 yuan / ton, down 4500 yuan / ton from last Friday, while the price of praseodymium-neodymium metal was 41.5-421000 yuan / ton, down 3000 yuan / ton from last Friday.
In terms of medium and heavy rare earths, products such as terbium, gadolinium and holmium are also under some pressure this week, with prices falling to varying degrees; the stalemate between upstream and downstream has not changed, and shippers passively lower prices slightly. At present, the operation between separation plants is also different, some enterprises with financial pressure choose to ship goods with the market, while the quotations of some large factories are still strong. The inquiry of magnetic material is weak, the rigid demand of metal factory is purchased, and the market finishing turnover is small. At present, the consumption situation in the lower reaches has not improved, and the holder hesitates to ship the goods. As of Friday, the price of terbium oxide was 4820-4870 yuan / kg, down 30 yuan / kg from last Friday; dysprosium oxide was 1690-1710 yuan / kg, down 10 yuan / kg from last Friday; and gadolinium oxide was 17.2-176000 yuan / ton, down 1000 yuan / ton from last Friday.
The stock before the National Day is not obvious, only praseodymium and neodymium oxide appears slightly, the current price is in the process of building a bottom, it is expected that the price of domestic rare earth products will be weak and stable next week.
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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 (9.21-9.25) and 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
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