According to the monitoring of business society, the price index of domestic rare earth market rose sharply, the price trend of domestic PR nd rare earth rose sharply, and the market price of heavy rare earth rose correspondingly. According to the rare earth plate index of business society, the bulk commodity price index BPI on July 19 was 1080 points, up 8 points from yesterday, reaching a record high in the cycle, Compared with the lowest point of 660 on February 3, 2016, it has increased by 63.64%（ Note: period refers to the period from December 1, 2011 to now).

It can be clearly seen from the rare earth index chart that the price of domestic rare earth has risen sharply in the near future, and the prices of mainstream commodities in the rare earth market have increased in varying degrees, and the trend of the rare earth market has improved. In terms of products:

It can be clearly seen from the product price trend chart that the prices of domestic mainstream products such as neodymium oxide, metal neodymium, praseodymium neodymium oxide, praseodymium neodymium alloy, praseodymium oxide and metal praseodymium all rose. As of July 20, the price of neodymium oxide in domestic rare earth was 585000 yuan / ton; The price of metal neodymium is 715000 yuan / ton; The price of praseodymium neodymium oxide is 600000 yuan / ton; The price of PR nd alloy is 745000 yuan / ton; The price of praseodymium is 725000 yuan / ton; The price of praseodymium oxide was 580000 yuan / ton, and all products rose to varying degrees. In July, the domestic light rare earth market continued to rise, and the market improved.

The domestic rare earth market continues to rise, the inflection point of supply and demand structure is coming, the demand for high-end magnetic materials is increasing, and the profit margin of rare earth industry chain is opening up. In the near future, China’s rare earth quota on the supply side may increase steadily, the supply rigidity is optimized, and the new energy efficiency standards are implemented. The proportion of frequency conversion air conditioners in domestic household appliances and NdFeB penetration rate will continue to increase, and the demand side is expected to continue to rise. The sales of new energy vehicles are relatively normal, and the demand for rare earth is high. The main rare earth raw materials of high performance NdFeB are light rare earth praseodymium neodymium oxide, heavy rare earth dysprosium oxide and terbium oxide, which are used in new energy vehicles, wind power, energy-saving frequency conversion air conditioning, traditional vehicles and other fields. According to statistics, the sales of new energy vehicles are still good. According to the data released by China Automobile Industry Association, the latest production and sales data released by China Automobile Industry Association (hereinafter referred to as “China Automobile Association”), in June, domestic automobile production and sales reached 1.943 million and 2.015 million respectively, with a month on month decrease of 4.8% and 5.3%, and a year-on-year decrease of 16.5% and 12.4%. In the near future, the downstream demand is fair, and the market price of light rare earth continues to rise.

It can be seen from the trend chart that the price of dysprosium oxide in China is rising, and the price of dysprosium oxide is 2.575 million yuan / ton as of the 20th; The price of dysprosium ferroalloy is 2.515 million yuan / ton, and the price of dysprosium metal is 3.375 million yuan / ton. The domestic price of terbium series rises sharply, the domestic price of terbium oxide is 7.6 million yuan / ton, and the price of metal terbium is 9.4 million yuan / ton. The transaction of domestic rare earth market has improved, the leading magnetic material factory has continued to expand, the demand for replenishment has made the domestic heavy rare earth market prices warmer and higher, coupled with Myanmar’s ban on exports, the global supply of rare earth is more concentrated, and Myanmar is one of the production areas next only to China and the United States. Myanmar has a great influence on the domestic heavy rare earth market products, the import source has decreased significantly, the market supply of heavy rare earth in the yard is general, the recent downstream procurement is active, and the market price trend is rising.

Recently, the “notice on industrial energy conservation supervision in 2021″ stressed that enterprises in key industries such as iron and steel, non-ferrous metal smelting, petrochemical and chemical industry, building materials and so on should be comprehensively investigated, and special supervision on the implementation of mandatory energy consumption quota standards per unit product should be carried out, so as to finally achieve full coverage of energy conservation supervision of enterprises in key industries during the “14th five year plan”. In addition, Wang Jiangping, Vice Minister of the Ministry of industry and information technology, said at the video conference on industrial policies and regulations of industry and information system last week that efforts should be made to optimize the development environment of industrial enterprises, accelerate the legislation of telecommunication law, and promote the promulgation of rare earth regulations as soon as possible. Industry insiders believe that this reflects the strengthening of government control over the rare earth industry, which is conducive to the healthy development of the industry. Since 2021, the accelerated promulgation of rare earth management regulations will, on the one hand, make the industry have laws to abide by, and promote the development of rare earth industry chain in a virtuous circle; On the other hand, it reflects China’s determination to strictly control the order of rare earth supply and support the selling price of rare earth as an important strategic resource. The overall demand for rare earth products is fair. Recently, the downstream demand has increased, and the phenomenon of replenishing the stock is frequent. The price of domestic rare earth market has risen.

With the sustainable development of new energy vehicles, wind power and variable frequency air conditioning in the downstream of rare earth, and the continuous demand, coupled with the normal start of domestic rare earth supply, the recent on-site transactions have increased, and the purchase is active. Business analyst Chen Ling expects that the market price of rare earth will maintain a rising trend in the future.