On August 6, the rare earth index was 349 points, which was the same as yesterday, which was 65.10% lower than the highest point in the cycle (2011-12-06), which was 28.78% higher than the lowest point of 271 points on September 13, 2015. (Note: Cycle refers to 2011-12-01 to date)

The average price of metal lanthanum in rare earth metals is 407,500 yuan / ton; the average price of metal bismuth is 1.625 million yuan / ton; the average price of metal bismuth is 660,000 yuan / ton. The average price of lanthanum oxide in rare earth oxide is 324,000 yuan/ton; the average price of cerium oxide is 1.145 million yuan/ton; the average price of cerium oxide is 410,000 yuan/ton; the average price of cerium oxide is 316,500 yuan/ton. The average price of niobium alloy in rare earth alloy is 415,000 yuan/ton; the average price of niobium iron alloy is 1.17 million yuan/ton.

Recently, the index of rare earth mining has been released, with a total volume of 120,000 tons, an increase of 15,000 tons compared with 2017. However, domestic rare earth prices have been stable, and most rare earth separation enterprises have stopped production, resulting in a decline in supply, especially some mainstream rare earth oxides. However, the downstream receiving goods are not active, which is due to the low season of rare earth industry sales, and the prices of domestic rare earth products fluctuate at a low level. Recently, the number of buyers has been reduced accordingly, and the transaction volume is very limited. The major manufacturers of products are also cautiously waiting to see each other. The mutual inquiry has become more frequent. The downstream receiving goods are not actively leading to the low price of some rare earth products. The division expects that some products in the rare earth market may go down, but the price of rare earth is already at the bottom, and the space for the decline is limited.