JL MAG Rare-Earth Industry Price Briefing 12-11~12-15

Week 51，2023

1. 重要新闻简报Briefing of Important News

本周稀土市场行情，镨钕和金属钕价格出现小幅下跌；镝铁合金和金属铽价格维持不变。亚洲金属网周末价格: 镨钕金属价格550-555元/KG；金属钕价格555-565元/KG；镝铁合金价格2580-2600元/KG；金属铽价格9750-9950元/KG。

Rare earth market this week, prices of PrNd and Nd metal fell slightly; The prices of DyFe alloy and Tb remain unchanged. Asian metal weekend price: PrNd metal price 550-555 yuan /KG; Nd metal price 555-565 yuan /KG; DyFe alloy price 2580-2600 yuan /KG; Tb metal price 9750-9950 yuan /KG.

2. 业内人士分析Analysis of Professional Insiders

本周（12.11-15，下同）稀土市场冷清是主旋律，短暂的询价与采购筑稳了价格，低价位之下的成交有所遇冷，略微理性回温使得本周价格在趋稳徘徊，从目前的让步幅度来看，暂时的走稳平台似已出现，而在业内预判的平稳之后无论是反弹还是继续下行的幅度都不会太大。

This week （12.11-15, the same below）The coldness of the rare earth market is the main theme. The brief inquiry and procurement have stabilized prices, and transactions at low prices have cooled down. A slight rational rebound has caused prices to stabilize and hover this week. From the current concession range, it seems that a temporary stable platform has emerged. After the industry's expected stability, the rebound or continued decline will not be too large.

金属市场销售受阻常态，价格战也达到成本线甚至偏下，金属厂下调的幅度已然不大。然而虽至触底，下游仍无较多采购备货订单需求，走势虽稳但维持艰难。

Sales in the metal market have been hindered as usual, and price wars have reached or even fallen below the cost line. The reduction in prices by metal factories is no longer significant. However, despite reaching the bottom, there is still not much demand for procurement and stocking orders downstream, and the trend is stable but difficult to maintain

后续判断，由需求下拉的走势再次达到暂时的成本支撑平衡点，年底临近，各企业采卖力度恐怕仅仅稳固现有状态。上下游企业情绪均观望，部分业内人士对“抄底”抱有谨慎期待，预计在未有明显利好的情况下，仅维系走势或有艰难，震荡向下的概率依旧存在。（瑞道稀土资讯）

Subsequent judgment shows that the downward trend from demand has once again reached a temporary cost support equilibrium point. As the end of the year approaches, the purchasing and selling efforts of various enterprises may only stabilize their current state. The sentiment of upstream and downstream enterprises is wait-and-see, and some industry insiders have cautious expectations for "bottoming out". It is expected that in the absence of obvious positive conditions, maintaining the trend may be difficult, and the probability of downward volatility still exists. (Ruidao Rare Earth Information)

2023年12月15日，近日，工业和信息化部自然资源部发布关于下达2023年第三批稀土开采、冶炼分离总量控制指标的通知，如附件：

On December 15, 2023, the Ministry of Industry and Information Technology and the Ministry of Natural Resources recently issued a notice on the issuance of the third batch of total control indicators for rare earth mining, smelting and separation in 2023, as attached:                           

汇总2023年全年指标对比如下：

The comparison of indicators for the whole year of 2023 is summarized as follows：

2023年矿产品同比增加21.4%，其中岩矿型稀土矿产品同比增加23.6%，离子型稀土矿产品不变。岩矿型稀土矿产品增量来自北方稀土、中国稀土集团。

In 2023, mineral products increased by 21.4% year-on-year, with rock type rare earth ore products increasing by 23.6% year-on-year, and ion type rare earth ore products remaining unchanged. The increment of rock type rare earth ore products comes from Northern Rare Earth and China Rare Earth Group.

2023年冶炼分离产品同比增加20.7%，增量来自北方稀土、中国稀土集团。（稀土在线）

In 2023, the smelting and separation products increased by 20.7% year-on-year, with the increase coming from Northern Rare Earth and China Rare Earth Group. (Rare Earth Online)

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

2023年12月15日

December 15^th, 2023

 提示：以上信息仅供参考！

Notes: the information above is for reference only!