JL MAG Rare-Earth Industry Price Briefing 11-07~11-11

Week 45，2022

1. 重要新闻简报Briefing of Important News

本周稀土市场行情，镨钕、金属钕和铽的价格小幅下降，镝铁的价格较为稳定。亚洲金属网周末价格: 镨钕金属价格785-795元/KG；金属钕价格900-910元/KG；镝铁合金价格2260-2280元/KG；金属铽价格16400-16600元/KG.

This week, the price of PrNd, Nd metal and Tb fell slightly, while price of DyFe is relatively stable. Prices from Asian Metal at this weekend presented: PrNd metal 785-795 RMB/KG; Nd metal 900-910 RMB/KG; DyFe alloy 2,260- 2,280 RMB/KG; Tb metal 16,400-16,600RMB/KG.

2. 业内人士分析Analysis of Professional Insiders

本周稀土市场前期微涨至稳，但需求未见明显好转，涨势无力后转弱。

This week, the rare earth market initially rose slightly to stabilize, but the demand did not show a significant improvement and the upward trend weakened.

周初，镨钕市场整体凸显现货不足，氧化物及金属低位收紧，出货犹豫，而非常少量的询单及高价成交，造成整体镨钕走势向好。镝产品因消息面的收储而异常活跃，价格同步小幅上调。面对积极的局面，整体稀土产品均表现出向上的探力，少量流通散货成交拉高价格走向。

At the beginning of this week, the overall PrNd market highlighted the spot shortage, the oxides and metals tightened at a low level, and the shipment was hesitant. However, a very small number of inquiries and high price transactions caused the overall trend of PrNd to improve. Dy products were unusually active due to the purchase and storage news, so the prices increased slightly. Based on the positive situation, the overall rare earth products are showing upward exploration, only a small amount of bulk cargo transaction pull up the price trend.

周中期，镨钕涨势开始放缓，在等待北方挂牌价的空挡中，下游采购观望情绪浓厚，虽然金属厂报价始终保持与氧化物对应，但下游对镨钕的上调表现出部分抵触和不认可，且部分贸易商有掩护出货，市场价格一度很乱，高价及低价互相充斥，金属端对应出货略感困难。

In the middle of this week, the rise of PrNd began to slow down. While waiting for the listing price of Northern rare earth, the downstream purchasers had a strong wait-and-see mood. Although the quotation always kept corresponding with the oxide, the downstream showed some resistance and disapproval to the increasing price of PrNd. While some traders made shipment under cover, the market price was once very chaotic, as high and low prices were flooded in the market, which caused hard shipment for metal factories.

周末期，受包钢与北方稀土矿价关联交易的影响，镨钕涨跌的话题探讨活跃，虽然需求未见明朗，但部分金属厂报价坚挺，同时，也有部分业内预判，中高位维稳较难，但也由于金属现货存在短板，即使弱调，幅度也不会太大。（瑞道稀土资讯）

At the end of this week, affected by the related transaction between Baotou Steel and Northern rare earth, the topic of PrNd’s rising and falling was discussed actively. Although the demand was not clear, the quotation of some metal factories was firm. At the same time, some of insiders predicted that it was difficult to maintain stability at medium and high levels, but also due to the weakness of metal spot products, even if the adjustment was weak, the range would not be too large. (Ruidow Rare Earth Information) 

北方稀土高科技股份有限公司发布11月稀土产品挂牌价格

Listing price in Nov. from Northern Rare Earth

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

2022年11月11日

Nov 11, 2022

提示：以上信息仅供参考！

Notes: The information above is for reference only!