The rare earth index on April 6 was 334 points, which was the same as yesterday, a 66.60% decrease from the highest point in the cycle (2011-12-06), and an increase of 23.25% from the lowest point of 271 points on September 13, 2015. (Note: Period refers to 2011-12-01 to present).

The average price of neodymium in rare earth metals fell by 2,500 yuan / ton to 360,000 yuan / ton; the average price of dysprosium metal was 2.325 million yuan / ton; the average price of metal praseodymium fell 5,000 yuan / ton to 635,000 yuan / ton. The average price of praseodymium and neodymium oxide in rare earth oxides fell by 1,000 yuan / ton to 262,500 yuan / ton; the price of dysprosium oxide was 1.795 million yuan / ton; the average price of praseodymium oxide fell by 5,000 yuan / ton to 305,000 yuan / ton; The average price fell by 2,500 yuan / ton to 282,000 yuan / ton. The price of praseodymium and neodymium alloys in rare earth alloys fell by 2,000 yuan / ton to 332,500 yuan / ton; the average price of dysprosium iron alloys was 1,795,000 yuan / ton.

In the rare earth market, the price trend of rare earth continued to fall, and the domestic heavy rare earth market was adequately supplied. Myanmar unilaterally closed customs clearance ports, but domestic manufacturers continued to resume work, domestic supply increased, and the domestic heavy rare earth price trend continued to fall. The reduction in orders in the rare earth terminal industry was transmitted to the reduction in demand for upstream rare earth raw materials. In addition, domestic metal mills and downstream enterprises maintained on-demand purchases. The overall enquiry transaction situation in the market was weak. Some upstream merchants actively shipped, and upstream merchants' quotations gradually moved down . Recently, the demand for permanent magnets has declined, and the market trend of praseodymium and neodymium products has been slightly lower. The supply on the market is normal. The demand for light rare earth has weakened recently, and prices in some markets have continued to decline. The price fluctuations in the rare earth market are related to environmental protection inspections nationwide. The production of rare earths is special, especially because some products have radiation hazards, which has made environmental protection regulations more stringent. Under strict environmental protection investigations, manufacturers have reasonably controlled sales, but downstream demand has recently declined and some rare earth prices have fallen.

The Ministry of Industry and Information Technology said that by 2025, the sales of new energy vehicles and new vehicles will account for about 25%. Global electrification is entering the acceleration period of high-quality supply-side models. China's double-point policy and European carbon emission requirements have established a long-term development mechanism for new energy vehicles. Driven by national policies, the supply and demand pattern of the rare earth industry is expected to further improve, China's domestic demand has improved, and the price of heavy rare earth in the domestic rare earth market remains high. Recently, the Ministry of Natural Resources, the Ministry of Industry and Information Technology issued the “Notice on Issuing the Total Control Index of Rare Earth Mine Tungsten Ore Mining (First Batch) in 2020”, clarifying the country ’s first batch of rare earth ore (REO) mining total The quantity control index is 66,000 tons, and the tungsten concentrate (tungsten trioxide content 65%) total mining control index is 52,500 tons. National policies are conducive to the balance of supply and demand in the rare earth industry. The downstream demand has been poor recently, and market prices have continued to fall.

SunSirs rare earth analysts expect that the domestic heavy rare earth market will be normal in the near future, and downstream demand has weakened, but recently the world ’s largest rare earth producer outside of China, Australian rare earth miner Lynas Corp, said on March 31 that it would comply with Malaysia The government's order extended the closing time of the Malaysian factory for two weeks to April 14th, and it is expected that the price of the rare earth market in the later period will stop the momentum of rebound.

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