太阳集团城娱8722稀土行情简报201618期（总第134期）05-08~05-14

JL MAG Rare-earth Industry Price Briefing 05-08~05-14

2016年第20周

Week 20, 2016

1. 重要新闻简报Briefing of Important News

本周稀土市场金属价格持续上涨。亚洲金属网价格:镨钕金属345-350元/KG，镝铁合金价格1340-1370元/KG，铽金属价格3500-3600元/KG。

This week all the prices of rare earth materials continuously increase. Prices from Asian Metal of this weekend present: PrNd 345-350 RMB/KG, DyFe 1340-1370RMB/KG and Tb metal 3500-3600RMB/KG.

2016年4月，中国稀土的出口量为3696 吨，较去年同期增长47.5%，环比下滑14.9%；出口平均单价为6.0 美元/千克，较去年同期下降49.4%，环比下降16.7%。2016年1-4月，中国稀土的出口总量为15292 吨，同比增长90.1%；平均出口价格为7.2 美元/千克，同比下降40.1%。

In April 2016, the export volume of Chinese rare earth was 3696tons which increased 47.5% compared to the same period of last year and fell 14.9% from the QOQ data. The average export unit price was 6.0USD/KG which decreased 49.4% compared to the same period of last year and fell 16.7% from the QOQ data. From January to April 2016, the total export volume of Chinese rare earth was 15292tons which increased 90.1% and average export unit price was 7.2USD/KG which decreased 40.1% compared to the same period of last year.

2.业内人士分析Analysis of Professional Insiders

稀土价格反弹加速后市存进一步涨价空间

Rapidly rebound on rare earth prices and big space in further price increase

资讯获悉，商储对稀土市场的影响逐步加大，10日稀土价格继续上行，且涨价有加速迹象。目前氧化镨钕报价31至31.5万元/吨，氧化镝报价130至132万元/吨，本轮反弹部分品种高涨幅已近20%。

According to the current information, the influence in rare earth market of business purchase and storage has been gradually increased. On May 10th, the rare earth price continuously increased with the sign of accelerating rise. The quoted price at present of PrNd oxide is 310,000RMB/T-315,000RMB/T and Dy oxide is 1,300,000RMB/T-1,320,000RMB/T, which shows that the highest amount of increase for partly varieties has reached around 20%.

业内人士认为，目前各商家对稀土市场的后期运行仍持乐观情绪，惜售心理明显，在收储等因素的持续发酵下，稀土价格存在进一步上涨空间。此前券商研报认为，此轮商储加国储，预计总量在2万吨左右，约占2015年产量近20%。按照近几年情况来看，2012年收储使得稀土主流品种价格上涨40%至不等。

分析师张伟在接受《中国产经新闻》记者采访时表示，“此次稀土价格上涨一方面是商业收储，另一方面是企业惜售造成的。虽然目前价格有所反弹，但短期仍旧会有所反复。"

The insiders thought that currently the merchants are positively towards the later stage of rare earth market. The merchants are reluctant to sell out under the circumstance of purchase and storage which shows big space in further price increase. Previously the securities traders thought the total volume of business purchase & storage and national purchase & storage may reach 20,000tons which is almost 20% output in 2015. According to the situation in recent years, the purchase & storage in 2012 causes the rise of 40% to  in rare earth mainstream varieties prices. The analyst Zhangwei said during the interview of CIEN that the reasons caused the rise in price were business purchase & storage and reluctant to sell out. Although the rare earth price has rebounded now but will still be fluctuated in short term.

长期以来，我国稀土行业一直受到私自开采的困扰，也就是所谓的“黑稀土"。张伟表示，稀土价格一直疲软与“黑稀土"无法杜绝有着莫大的关系，私自开采造成了市场上严重的供大于求。随着国家对于“黑稀土"的加大打击力度和市场的逐渐回暖，虽然短期稀土价格仍旧会有反复，但从长期来看，价格温和上涨是可期待的。

Over a long time, our rare earth industry is persecuted by mining without permission which is known as “illegal rare earth". Zhangwei said that the weak rare earth price has a great relationship with unstoppable “illegal rare earth" which causes the severe oversupply in the market. Along with the intensify strike against “illegal rare earth" and recovery of the market, although the rare earth price will still be fluctuated in short term, we can also expect a gently rising in long term.

3.趋势图（参考亚洲金属网）Tendency Chart (refer to Asian Metal)

2016年05月14日

May 14th, 2016

提示：以上信息仅供参考！

Notes: the information above is for reference only!