Recently, the domestic rare earth market demand is not good, and the floor prices are falling. As of the 23rd, domestic light and light rare earth prices have different declines. According to the rare earth plate index of business society, the rare earth index on September 22 was 369 points, down 1 point compared with yesterday, 63.10% lower than 1000 points (2011-12-06), and 36.16% higher than 271 points, the lowest point on September 13, 2015. (Note: period refers to 2011-12-01 to now).

As of September 23, the price of praseodymium and neodymium oxide in rare earth in China was 330500 yuan / ton, down 2.79% from 340000 yuan / ton at the beginning of the month; the price of praseodymium and neodymium alloy was 420500 yuan / ton, down 2.89% from 433000 yuan / ton at the beginning of the month; the price of neodymium oxide was 355000 yuan / ton, 2.07% lower than that of 362500 yuan / ton at the beginning of the month; the price of metal neodymium was 447000 yuan / ton, down 272500 yuan / ton at the beginning of the month %, praseodymium oxide, praseodymium metal prices have different degrees of decline. The price of heavy rare earth dysprosium oxide was 1.705 million yuan / ton, which was 4.21% lower than the price of 1.78 million yuan / ton at the beginning of the month, and the price of dysprosium metal was 2.215 million yuan / ton, 1.56% lower than that at the beginning of the month

In recent years, the price of PR and nd Series in domestic light rare earth has continued to fall. The main reason is that the current industry procurement has come to an end. In the early stage, the downstream stock is more active, and some manufacturers are hoarding more goods. Recently, the purchasing sentiment has fallen. In addition, the domestic PR and nd series prices have continued to fall due to the influence of the market merchants’ buying up and not falling. On the other hand, the supply of praseodymium and neodymium rare earth market in China has been normal recently. In addition, the inquiry situation in the downstream market has declined, and the major light rare earth manufacturers have sold. The downstream felt the change of market sentiment, the trading situation declined and the floor price fell. The supply of light rare earth is normal, and the recent purchase is not active, so the market price is under pressure.

In September, the price of domestic legitimate family gradually fell down. Although the proportion of medium and heavy rare earth in the domestic rare earth collection and storage plan accounts for a large proportion of the annual output, it is expected to have a great impact on the supply and demand and price of medium and heavy rare earth. In addition, Myanmar’s customs clearance still has a tightening impact on the domestic import and supply of medium and heavy rare earth. However, the situation of collection and storage is uncertain, and the on-site demand is not improved, and the legitimate price is gradually falling. Domestic terbium supply is relatively tight, manufacturers’ production is not continuous, and terbium oxide and metal terbium have reached near high level. In addition, recent on-site procurement is not active, and the price of terbium series is rising and falling. However, due to the lack of supply, the price of terbium series remains high. The performance of terminal new energy vehicle market is relatively normal, and the market price of heavy rare earth has declined.

The Ministry of industry and information technology issued the notice on the docking and implementation of preferential policies for rare earth industry. According to the notice, the rare earth office entrusted China Nonferrous Metals Industry Association and China Rare Earth Industry Association to sort out and summarize the policy documents suitable for the application of rare earth enterprises, and formed a collection of supporting policies for the resumption of work and production of rare earth industry. Favorable policies support the development of rare earth industry. Meanwhile, Sino US relations are tense. Key products of rare earth trade between China and the United States are of great significance. The national policy is conducive to the balance of supply and demand of rare earth industry. Recently, the supply of rare earth market is normal, and the domestic rare earth industry is developing in a better way.

In the near future, domestic rare earth demand is mainly purchased on demand, and the supply of medium and heavy rare earth market is normal. Analysts of business agency believe that in the near future, the downstream procurement is not active, and the domestic rare earth market price may continue to bear pressure and slightly lower due to the influence of the sentiment of buying up and not buying down.