In recent years, the price of domestic rare earth has continued to rise. Since November 6, the price of domestic heavy rare earth has increased by 13.52%. Supported by the price of domestic heavy rare earth market, the market price of light rare earth has increased correspondingly. The price trend of some domestic rare earth products

In recent years, the market price of heavy rare earth in China has increased significantly, with a monthly increase of 13.5%. As of the 12th day, the price of dysprosium oxide is 1.72 million yuan / ton, with a monthly increase of 13.52%; the price of dysprosium ferroalloy is 1.67 million yuan / ton, with a monthly increase of 11.55%; the market price of some light rare earth in China has also increased, with a price of 293500 yuan / ton, with a monthly increase of 2.8%; the price of praseodymium neodymium alloy is 366500 yuan/ The price of praseodymium neodymium oxide was 291500 yuan / ton, with a monthly increase of 2.82%. In recent years, the domestic price of heavy rare earth has increased substantially, and the market price of light rare earth has increased correspondingly. Affected by favorable national policies, the domestic rare earth market has improved.

On December 11, the rare earth index was 341, unchanged from yesterday, 65.90% lower than the cycle’s highest point of 1000 (2011-12-06), and 25.83% higher than the lowest point of 271 on September 13, 2015. (Note: cycle refers to 2011-12-01 to now).

In recent years, the price of rare earth in the market has risen sharply. The domestic supply policy of heavy rare earth market, the export of heavy rare earth have improved, and the domestic market of heavy rare earth is very good. In addition, the demand for permanent magnet has increased recently, the market trend of praseodymium and neodymium series products has rebounded, the on-site supply is normal, the demand for light rare earth in the near future is general, and the market price has not increased much. The price fluctuation of rare earth market is related to the national environmental protection supervision. Rare earth production has particularity, especially some products have radiation hazards, which makes the environmental protection supervision more strict. Under the strict inspection of environmental protection, the manufacturer reasonably controls the sales, but the downstream demand has not changed much in the near future, and the price trend of most rare earths is mainly stable.

Recently, Geng Shuang, spokesman of the Ministry of foreign affairs, said that China is the world’s largest country in rare earth reserves and production, and plays an important role in the global rare earth industry chain. China has been adhering to the principle of openness, coordination and sharing, promoting the development of domestic rare earth industry, and is willing to meet the legitimate needs of the development of all countries in the world with rare earth resources and products, so as to promote China’s economy and the world Economic development plays an active role. China’s rare earth production accounts for 73% of the world’s total, ranking first in the world and playing an important role in the game between big countries. Rare earth PR nd and Dy TB are mainly used in NdFeB magnetic steel. Recently, the Ministry of industry and information technology and the Ministry of natural resources jointly issued a notice to release the total amount control indicators of rare earth mining and smelting separation and tungsten mining in 2019. The Ministry of industry and information technology of China announced that the total amount of rare earth mining and smelting separation in 2019 was 132000 tons and 127000 tons respectively, while the quota of rare earth mining in 2018 was 120000 tons, an increase of 12000 tons, and the data in 2019 It’s the highest year since 2014. In addition, the Ministry of industry and information technology, together with relevant departments, drafted the development plan of new energy vehicle industry (2021-2035). After 15 years of continuous efforts, China’s core technology of new energy vehicles will reach the international leading level. By 2025, the proportion of new energy vehicle sales will reach about 25%. Driven by national policies, the supply and demand pattern of rare earth industry is expected to further improve, and China’s domestic demand is expected to further improve The price of rare earth in the domestic market has increased.

Rare earth analysts of business agency expect that the recent domestic environmental protection scrutiny will not be reduced, coupled with favorable support for the export of rare earth industry in China, and the supply and demand pattern is improving in a good way. It is expected that the price of heavy rare earth in the rare earth market will continue to rise, and the price of light rare earth will also rise slightly.