Rare Earth Market Today (praseodymium Neodymium)

The willingness of large metal enterprises to offer is not high, and the offer is strong; At the end of the year, some trading enterprises realized a small amount of supply and reported profits. Recently, the new orders of magnetic material enterprises are limited. Some small and medium-sized magnetic material enterprises have reduced the inventory of praseodymium and neodymium metal to a low level. Recently, the willingness to purchase has increased, the active inquiry has increased, and the overall transaction of praseodymium and neodymium metal is still small.

On the whole, near the end of the year, there are few active quotations from metal enterprises, the limited capital pressure of magnetic material enterprises is too large, the willingness of short-term active procurement is not high, and the market game situation still exists. It is expected that praseodymium, neodymium, dysprosium, terbium and gadolinium are mainly weakly stable in the short term.

Market summary:

Zhaobao edit believes that: Recently, the price of praseodymium and neodymium has continued to decline slightly, and the emotional impact has improved today. The active inquiry of end customers has increased, and the new orders of magnetic materials enterprises are limited. However, the price has fallen back to the activity of inquiry, and the shortage of funds still affects the willingness to replenish. Therefore, the overall procurement of magnetic materials is still cautious. Some trading enterprises have a small amount of goods to be realized and quoted at low prices, and some trading enterprises are looking for low procurement. In the short term, the bullish mood is becoming more and more stable. Compared with the quotation the day before yesterday, the price of praseodymium and neodymium is mainly stable in the short term.