On March 23, the rare earth index was 927 points, down 5 points from yesterday, down 7.94% from 1007 points (2022-02-24), the highest point in the cycle, and up 242.07% from 271 points, the lowest point on September 13, 2015. (Note: the period refers to the period from December 1, 2011 to now)

The trend of domestic rare earth index continued to decline. The price of domestic light rare earth praseodymium neodymium series decreased, the price of praseodymium neodymium oxide decreased by 5000 yuan / ton to 1 million yuan / ton, the price of praseodymium neodymium metal decreased by 5000 yuan / ton to 1.23 million yuan / ton, the price of praseodymium oxide decreased by 10000 yuan / ton to 1.025 million yuan / ton, the price of neodymium oxide decreased by 20000 yuan / ton to 1.07 million yuan / ton, the price of metal praseodymium was 1335000 yuan / ton, the price of metal neodymium was 1360000 yuan / ton, and the price of dysprosium oxide was 2885000 yuan / ton, The price of dysprosium ferroalloy fell by 20000 yuan / ton to 2.865 million yuan / ton, and the price of metal dysprosium was 3.875 million yuan / ton. The price trend of domestic light rare earth market fell, and the recent procurement was general. The price of dysprosium Series in domestic heavy rare earth market fell, while the price of terbium series fell. The downstream procurement was mainly on demand. Myanmar banned exports. It is expected that the price of domestic rare earth market will decline in the later period.