Rare earth prices have little callback power and show a new normal

There is no one-sided market that only rises but not falls, and it is healthier to have rises and falls; In this way, the market may even last longer.

Recently, the rare earth market has adjusted. Meeting with relevant industry management departments to lead the meeting to maintain a healthy order of the market.

The prices of several varieties are fine tuned every other day and continue to be slightly corrected, but the range is not large.

Taking the main raw materials of neodymium iron boron as an example, as of March 18, praseodymium neodymium oxide was about 1.02-1.04 million yuan / ton and metal praseodymium neodymium was about 1.23-1.25 million yuan / ton; Neodymium metal: about 1.39-1.4 million yuan / ton; Dysprosium iron: About 2.95 million-2.95 million tons; Metal terbium is about 18.45-18.5 million yuan / ton. Compared with the previous callback (decline) market, the price decline of these varieties this time is relatively small.

In the past, the situation was like a broken bamboo. The development environment of rare earth industry has undergone subversive changes. Therefore, it can be said that the magnitude and speed of this price correction should become the new normal.

On the other hand, the prices of lanthanum and cerium rose slightly. At the same time, people familiar with the matter said that recently, the oxide supply has been phased and can not catch up.

Therefore, industry insiders generally believe that the current rare earth supply and demand situation is more positive than before, and the space for rare earth price correction is limited.