This week, the price trend of some domestic rare earth market rose, heavy rare earth price rose slightly, light rare earth market neodymium series price rose, but praseodymium series price decreased. According to the rare earth plate index of business society, the rare earth index on October 25 was 354 points, unchanged with yesterday, 64.60% lower than the highest point of 1000 points (2011-12-06) and 30% higher than 271 points, the lowest point on September 13, 2015 .63%。 (Note: period refers to 2011-12-01 to now).

As of the end of the week, the price of praseodymium and neodymium oxide in China was 326500 yuan / ton, 1.24% higher than 322500 yuan / ton at the beginning of the week; the price of praseodymium and neodymium alloy was 414000 yuan / ton, 1.22% higher than 409000 yuan / ton at the beginning of the week; the price of neodymium oxide was 348000 yuan / ton, 0.29% higher than 347000 yuan / ton at the beginning of the week; the price of metal neodymium was 440000 yuan / ton, 1.62% higher than 433000 yuan / ton at the beginning of the week; The price of praseodymium oxide was 317500 yuan / ton, which was 1.55% lower than that at the beginning of the week; the weekend price of praseodymium oxide was 630000 yuan / ton, down 3.82% from 655000 yuan / ton at the beginning of the week.

In the recent domestic light rare earth, the downstream procurement is relatively normal in recent years, with a strong wait-and-see attitude, little change in trading volume, loss of support for manufacturers’ prices, some prices in the light rare earth market remain at a low level, and the price trend of other products is mainly stable. Recently, the demand and stock situation of permanent magnet manufacturers is general, the price of praseodymium and neodymium rare earth has increased slightly, and the market price of light rare earth is still low Recently, due to the normal supply and poor demand of praseodymium series products, the price of praseodymium series is going down. In addition, due to the impact of the epidemic situation on rare earth production and export, overseas demand has not improved, and the domestic market price of light rare earth has remained low in recent years.

The price trend of domestic direct family rose slightly this week. As of the end of the week, the price of dysprosium oxide was 1.64 million yuan / ton, and the price trend of this week was 0.61%; the price of dysprosium ferroalloy was 1.625 million yuan / ton, which was 0.31% higher this week. Although the proportion of medium and heavy rare earth in the domestic rare earth collection and storage plan is relatively large, it is expected to have a great impact on the supply and demand and price of medium and heavy rare earth, but the information of collection and storage is not available It is confirmed that Myanmar’s customs clearance still has a tightening impact on the domestic import and supply of medium and heavy rare earths, but the downstream demand is not positive in the near future, and the market price of heavy rare earth has increased slightly. In recent years, the market is general, heavy rare earth prices remain high level, downstream demand has not improved significantly, heavy rare earth market price rise is not big.

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 demand has not changed much. The price of rare earth in China rose slightly this week.

Recently, the domestic demand for rare earths has not changed much. In addition, the downstream procurement is normal, and the trading market has risen. Analysts of business agency expect that the market price of rare earth will rise slightly in the future.