JL MAG Rare-Earth Industry Price Briefing 04-03~04-07

Week 14，2023

1. 重要新闻简报Briefing of Important News

本周稀土市场行情，镨钕和金属铽价格维持不变，镝铁合金、金属钕的价格小幅下跌。亚洲金属网周末价格: 镨钕金属价格635-645元/KG；金属钕价格670-680元/KG；镝铁合金价格1990-2010元/KG；金属铽价格12550-12750元/KG。 

This week, the price of PrNd and Tb remain unchanged; DyFe and Nd prices fell slightly. Prices from Asian Metal at the end of weekend presented: PrNd metal price 635-645 RMB/KG; Nd price 670-680 RMB/KG; DyFe price 1990-2010 RMB/KG; Tb price 12550-12750 RMB/KG.

2. 业内人士分析Analysis of Professional Insiders

本周（4.3-4.7）实际上要一分为二来看，中间间隔清明一天放假，四个交易日中，两天趋稳看涨，两天理性回调。本周虽不连贯，但是周走势却较鲜明。

This week (4.3-4.7) is actually going to be split in two, with one day off between the Tomb-Sweeping Day and in four trading days, two days of steady bullish and two days of rational pullback. This week has been inconsistent, but the weekly trend has been clear. 

目前冶炼企业普遍收紧产量，依靠压缩料比和加工费维持脆弱的收支平衡，企业成本压力极高，但市场上仍有低价成交信息，竞价让利尚未结束。

At present, smelting enterprises generally tighten production, rely on compression material ratio and processing fees to maintain a fragile balance of payments, enterprise cost pressure is extremely high, but there is still low transaction information in the market, bidding has not yet ended. 

虽价格始终看弱，但镨钕走至现在价位，总给人一种触底的预感。虽个别企业有抢跑出货现象，但大部分分离及金属厂仍在稳价中继续。目前，轻稀土镨钕成本压力的抗拒效应正陆续体现，磁材生产缩量导致废料油泥货源趋紧，原矿价位虽有降但幅度缓，分离厂尤其南方分离厂原矿镨钕已至承压点位。镝铽虽有散货抢跑，但库存毕竟相对集中，且业内向稳心态强烈，镝铽价位具有较强的控制能力。（瑞道稀土资讯）

Although the price is always weak, but PrNd to the present price, always give people a hunch of the bottom. Although individual enterprises have the phenomenon of shipment, but most of the separation and metal plants are still in the stable price. At present, the resistance effect of the cost pressure of light rare earth PrNd is gradually reflected. The production shrinkage of magnetic materials leads to the tight supply of waste sludge. The price of raw ore has decreased but the range is slow, and the raw ore PrNd in the separation plant, especially in the southern separation plant, has reached the pressure point. Despite the jump in bulk shipments, inventories are relatively concentrated and there is a strong stabilization sentiment in the industry, so the prices of Dy and Tb have strong control. (Raidao Rare Earth Information) 

北方稀土高科技股份有限公司发布2023年4月稀土产品挂牌价格

单位：元/吨（出厂含税价

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

2023年04月07日

April 07th, 2023

提示：以上信息仅供参考！

Notes: the information above is for reference only!