On June 23, the rare earth index was 407 points, unchanged from yesterday, down 59.30% from the cyclical peak of 1000 points (2011-12-06), and up 50.18% from the lowest point of 271 on September 13, 2015. (Note: Period refers to 2011-12-01 to date).

The average price of Neodymium in rare earth metals is 470,000 yuan/ton, dysprosium metal is 2.4 million yuan/ton and praseodymium metal is 710,000 yuan/ton. The average price of praseodymium and neodymium oxide in rare earth oxides is 3.675 million yuan/ton; dysprosium oxide is 2 million yuan/ton; praseodymium oxide is 4.05 million yuan/ton; and neodymium oxide is 3.695 million yuan/ton. The price of praseodymium and neodymium alloys in rare earth alloys is 470,000 yuan per ton, and the average price of dysprosium and iron alloys is 2,000,000 yuan per ton.

Recently, the price trend of rare earth on the market is temporarily stable, the domestic rare earth market is generally trading, the price trend of most commodities in the rare earth market is stable, and the import of heavy rare earth dysprosium and terbium varieties is limited by Myanmar’s mines. Market participants are more optimistic about the price of medium and heavy rare earth. Holders are reluctant to sell, terbium metals are rising and falling. Recently, the market trend of praseodymium and neodymium series products has been reversed, and the supply on the market is normal. Light rare earth prices have been declining recently. The price fluctuation of rare earth market is related to environmental protection supervision in the whole country. Rare earth production has its particularity, especially the radiation hazard of some products, which makes environmental protection supervision stricter. Under the strict environmental protection inspection, rare earth separation enterprises in many provinces have stopped production, resulting in a general market of rare earth oxides. Recently, the rare earth market has turned to the seller’s market. The manufacturers have reasonable control over sales and are reluctant to sell. Especially for some mainstream rare earth oxides, the supply performance is still tense. The price trend of rare earth market has slightly declined. Recently, large enterprise groups are reluctant to sell, and the market of rare earth has improved. However, the major manufacturers are cautious about the pricing of products.

Recently, the State Environmental Protection Department has made no reduction in its stringent efforts, which has a greater impact on the rare earth industry. The rare earth industry has a low start-up and a cold market. Recently, the NDRC held a press conference on macroeconomic operation. Meng Wei, a spokesman for the NDRC, answered reporters’questions on rare earth. He said that on the basis of in-depth investigation and scientific demonstration, relevant policies and measures would be put forward to give full play to the special value of rare earth as a strategic resource. Due to the increasingly obvious regulatory effect, the rare earth industry upstream. The supply of raw ore resources has shrunk, and the trading market of rare earth industry is normal.

Rare earth analysts of business associations expect that the recent stringent domestic environmental protection efforts will not decrease, coupled with the domestic reorganization of the order of the rare earth industry, Myanmar’s restrictions on exports and reduced supply, which will provide some favorable support for the rare earth industry, but the recent rare earth market transactions are limited, and rare earth products are expected to remain volatile.