According to the monitoring of the business society, the price index of the domestic rare earth market rose slightly, some prices of the domestic praseodymium neodymium rare earth market rose, and the price of the heavy rare earth market was stable. According to the rare earth sector index of the business society, the rare earth index was 615 points on October 17, the same as yesterday, down 38.50% from the highest point of 1000 points in the cycle (December 6, 2011), It is 126.94% higher than the lowest point of 271 on September 13, 2015. (Note: the 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 increased recently, the price of mainstream commodities in the rare earth market has increased recently, and the rare earth market has increased. In terms of products:

It can be clearly seen from the product price trend chart that the price trend of domestic praseodymium neodymium oxide, praseodymium oxide, neodymium oxide, metal neodymium, metal praseodymium neodymium and metal praseodymium rose. As of October 18, the price of neodymium oxide in domestic rare earths was 635000 yuan / ton, up 1.20%; The price of praseodymium oxide was 667500 yuan / ton, up 4.3% this week; The price of praseodymium neodymium oxide was 615000 yuan / ton, up 2.07% this week; The price of praseodymium neodymium alloy was 752500 yuan / ton, with a price increase of 0.67%; The price of metal praseodymium was 880000 yuan / ton, and the price trend increased by 2.33%; The price of neodymium was 785000 yuan / ton, with a price trend of 1.29%, the price of domestic rare earth rose, and the light rare earth market rose slightly.

The trend of products in the domestic rare earth market is rising, the structural change of supply and demand is small, and the demand for high-end magnetic materials is normal. In the near future, China’s rare earth quota on the supply side may be steadily increased, and the supply rigidity is optimized. In addition, with the implementation of the new energy efficiency standards, the proportion of frequency conversion air conditioners for domestic household appliances, the penetration rate of Nd-Fe-B continues to increase, and the demand side is relatively normal. The sales of new energy vehicles are normal, the demand for rare earth is at a high level, and the price of rare earth oxide is rising. When there is no lock order, the rare earth metal factory mainly focuses on waiting and watching, and the procurement is more cautious. At the same time, the national environmental protection inspector is still continuing, the peak season of traditional demand for rare earth is coming, superimposing the launch expectations of relevant policies of the rare earth industry, supply and demand are expected to resonate with policies, and rare earth prices rise slightly. According to statistics, the sales of new energy vehicles are acceptable. 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”), the retail sales of new energy passenger vehicles in China reached 334000, a year-on-year increase of 202.1%; In the first three quarters, the retail sales of new energy vehicles were 1.818 million, with a year-on-year increase of 203.1%, and the substitution effect on the fuel vehicle market is continuing. Recently, the downstream demand is OK, and the price trend of domestic light rare earth market is rising.

It can be seen from the trend chart that the price of some dysprosium Series in China rose. As of the 18th, the price of dysprosium oxide was 2.74 million yuan / ton, and the price trend decreased by 0.18%; The price of dysprosium ferroalloy is 2.725 million yuan / ton, the price trend increases by 0.37%, the price of metal dysprosium is 3.535 million yuan / ton, the price increases by 0.57%, the price of domestic terbium series continues to rise, the price of domestic terbium oxide is 8.95 million yuan / ton, and the price of metal terbium is 11.55 million yuan / ton. The transaction in the domestic rare earth market is normal, and the leading magnetic material factory purchases actively, which makes the domestic heavy rare earth market price rise slightly. In the early stage, affected by the rainy season and epidemic situation, the rare earth supply in Myanmar has been disturbed. Recently, the war in Myanmar has started again, and the supply disturbance has been further aggravated. The global rare earth supply is relatively concentrated. Myanmar is one of the production areas second only to China and the United States. Myanmar has a great impact on the domestic heavy rare earth market products, the domestic supply is tight, and the risk of production reduction of separation enterprises using Myanmar mines in the south is increased. Affected by this, the domestic heavy rare earth market price rises.

National policy support. In early July, Vice Minister Wang Jiangping of the Ministry of industry and information technology pointed out that the regulations on the administration of rare earth will be introduced as soon as possible. We expect that the regulations will be introduced with a high probability within this year, and national legislation will regulate the high-quality development of the rare earth industry. 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 the regulations on the administration of rare earth will, on the one hand, make the industry have laws to abide by and promote the rare earth industry chain to embark on the road of virtuous circle development; On the other hand, it reflects China’s determination to strictly control the supply order of rare earth and support the price of rare earth as an important strategic resource. The overall demand for rare earth products is OK, the downstream demand is normal recently, and the price of domestic rare earth market is rising.

With the sustainable development of new energy vehicles, wind power and variable frequency air conditioning in the downstream of rare earth, the demand continues. In addition, the domestic rare earth supply starts normally. Recently, the on-site transactions have increased and the goods are actively prepared. The peak season of traditional demand for rare earth is coming. Chen Ling, an analyst of business society, predicts that there is room for the market price of rare earth in the later stage.