JL MAG Rare-Earth Industry Price Briefing 12-09~12-13

Week 50, 2019

1. 重要新闻简报Briefing of Important News

本周稀土市场行情，镨钕价格相对稳定，镝铁和铽价格有小幅上涨。亚洲金属网价格: 镨钕金属价格361-366元/KG，镝铁合金价格1640-1660元/KG，金属铽价格4400-4450元/KG。

This week, the price of PrNd is stable relatively while DyFe and Tb increases slightly. Price from Asian Metal at this weekend presented: PrNd metal 361-366 RMB/KG, DyFe alloy 1,640-1,660 RMB/KG, and Tb metal 4,400-4,450 RMB/KG.

2. 业内人士分析Analysis of Professional Insiders

本周稀土市场延续上周走势稳健上涨，主流产品镨钕，镝，铽成及报价均有小幅提升，其余产品亦表现偏好，加上临近年末，成热度小幅升温。

This week the rare earth market continued last week's trend rise steadily, trading and quotations of mainstream products PrNd, Dy and Tb all have been slightly improved, the rest of the products also show preference, plus near the end of the year, trading heat slightly increased.

基于上周的成本压力，加上年末大厂盘点报价持稳中小企业竞价压力缓解，镨钕金属本周整体成位向大厂报价靠拢，镨钕金属的上移同样放低了氧化镨钕的阻力，氧化镨钕成价位也向高位趋近。

Based on last week's cost pressure, coupled with the end of the year inventory quote stable and small & medium-sized enterprise bidding pressure relief, the overall deal price of PrNd metal this week is close to big company. The price of PrNd metal's moving up also lower the resistance of PrNd oxide, PrNd oxide trading price also toward the high price.

南北稀土挂牌价稳中有涨，北方稀土平挂，目前价位虽高于市场但仍保持稳定，适应于当下镨钕上行走势，南方稀土则依据市场成情况小幅上调了钆、钬的挂牌价。

The listing prices from the Northern and Southern Rare Earth both have risen steadily, while those in the Northern are flat. Although the current price is higher than the market, it remains stable, adapting to the current upward trend of PrNd. Southern Rare Earth according to the market turnover slightly raised the listing price of Gadolinium and Holmium.

受缅甸单方面封关传言影响，镝铽本周同样有所上涨，但随着市场趋于冷静，本周后期镝铽成价位不再有明显涨幅，且成量稍有收缩。镝铽暂无回调因素和趋势，业内心态仍看好后市。临近年底，大企业库存压力相对缓和，业内挺价、稳价态度较为明显，同时下游小幅的采购集中也将出现，对当下价位有所支撑，预计各系产品不会有太大波动。（瑞道稀土资讯）

The price of Dy and Tb was also up this week affected by Myanmar unilateral ban rumors, but there were no significant increase later in the week and volume contracted slightly as the market calmed down. Dy and Tb has no callback factors and trends, the mentality of the industry is still optimistic about the future. Near the end of the year, the inventory pressure of large enterprises is relatively relaxed, the attitude of price support and price stability in the industry is relatively obvious, at the same time, a small amount of downstream procurement concentration will also appear, which has some support to the current price, it is expected that it will not have too big fluctuations for all kinds of the products. (Ruidao Rare Earth Information)

北方稀土高科技股份有限公司发布12月稀土产品挂牌价格

Northern Rare Earth High-tech Co. Ltd. released the listing price of rare earth products in December

南方稀土发布12月9日稀土氧化物挂牌价

Listing price of December 19 from China Southern Rare Earth

单位：万元/吨（出厂含税价）

Unit: 10,000RMB/ton (EXW price incl. VAT)

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

2019年12月13日

December 13, 2019

提示：以上信息仅供参考！

Notes: the information above is for reference only!