Rare earth prices have fluctuated greatly recently

This week (August 2 ~ August 6, the same below), the fluctuation of rare earth market narrowed, and even there was a situation of fearing high shipments and looking at the weak trend at the beginning of the week. The price trend of light rare earth praseodymium neodymium or heavy rare earth dysprosium terbium began to ease, the market transaction heat decreased, and the metal phase to oxide still hung upside down to a certain extent. On the whole, after the rare earth price approaches a five-year high, the market faces challenges and pressures.

Although the trend of rare earth has performed poorly this week, the short-term shortage of upstream supply will continue as the downstream demand is stable or may increase. At present, the stock cycle of most metal plants can maintain the order locking production in the short term, while it is difficult to purchase low-cost oxides. The previously traded metal praseodymium and neodymium of 770000 yuan / ton ~ 780000 yuan / ton needs 620000 yuan / ton of oxides, which is also the reason why the metal price is relatively stable this week. The upside down situation does not only appear in the metal praseodymium and neodymium market. In fact, since the price rise, the whole metal plant is facing upside down. The prices of gadolinium iron, holmium iron, dysprosium iron and metal terbium raw materials are rising. It is difficult to find one goods, the order receiving of magnetic materials is slow, the price is pressed to maintain low production, and the obstacles of the industrial chain from bottom to top always exist.

In the short term, the rise rate of praseodymium and neodymium will slow down. Under the cost pressure, the trend of praseodymium and neodymium will remain relatively stable. However, after the current praseodymium and neodymium approaches the historical peak, the accompanying risk will also increase. After the completion of environmental protection supervision, the subsequent separation enterprises may put pressure on the trend of praseodymium and neodymium according to the production recovery of waste enterprises and the loosening of raw material end. Dysprosium, terbium, gadolinium and holmium are under the tightening trend of ionic ore. at this stage, the price rising power still exists, but the industry generally maintains a relatively rational expectation for the future market. In the short term, the market trend will not fluctuate too much. However, at the current price, the fear of heights in the market will become stronger and stronger over time, and the price of rare earths will be tested around.