[SMM Weekly selection] the rare earth market is steadily improving the strong operation of praseodymium, neodymium and terbium.

"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.

SMM: domestic rare earth products are generally stable and improving this week, and prices are stable and rising; praseodymium and neodymium in light rare earths are still pushing upward, while products such as terbium, gadolinium and holmium in medium and heavy rare earths still have a good performance.

Light rare earths, praseodymium-neodymium oxide and praseodymium-neodymium metal prices continued to rise this week, the price The recent price increase is mainly due to the relatively tight supply, firm quotations from manufacturers and distributors, higher prices and acceptance by buyers. Purely from the downstream orders and production situation, magnetic materials enterprises for metal and oxide demand in general, inquiry wait-and-see-based, rigid demand in the case of a small number of purchases, a small number of enterprises inventory situation. Metal prices go up with oxide prices and are passively accepted by end-users. As of Friday, the price of praseodymium-neodymium oxide was 33.2-335000 yuan / ton, up 7000 yuan / ton from last Friday, while the price of praseodymium-neodymium metal was 41.6-420000 yuan / ton, up 4000 yuan / ton from last Friday.

In terms of medium and heavy rare earths, the limited supply side of some products this week continued to run strongly. Dysprosium, terbium, gadolinium, holmium and other products have increased transaction prices, resulting in an increase in the activity of oxides. The market performance of different varieties is still different, dysprosium and terbium do increase with the rise in prices, but even if the prices of gadolinium, holmium and other products are raised, it is still difficult to drive enquiries and transactions, and only a small number of transactions are followed up. As of Friday, the price of dysprosium oxide was 1660-1680 yuan / kg, up 30 yuan / kg from last Friday; the price of terbium oxide was 4850-4890 yuan / kg, up 25 yuan / kg from last Friday; the price of gadolinium oxide was 17.2-176000 yuan / ton, up 1000 yuan / ton from last Friday; the price of holmium oxide was 42.4-426000 yuan / ton, up 4000 yuan / ton from last Friday.

SMM believes that for praseodymium, neodymium, terbium and other permanent magnet directly related rare earth products, the recent demand is still stable, prices may continue to rise; other rare earth varieties may be stable.

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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 (10.26-10.30) and next week

Hot spots in rare Earth Industry

Political policy

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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