JL MAG Rare-Earth Industry Price Briefing 10-12~10-16

Week 40, 2020

1.     重要新闻简报Briefing of Important News

本周稀土市场行情，镨钕、金属钕、镝铁和铽的价格小幅下调。亚洲金属网周末价格: 镨钕金属价格410-415元/KG，金属钕价格440-445元/KG，镝铁合金价格1610-1630元/KG，金属铽价格6100-6150元/KG。

This week, prices of PrNd, Nd, DyFe and Tb have slight decrease. Price from Asian Metal at this weekend presented: PrNd metal 410-415 RMB /KG, Nd metal 440-445 RMB/KG, DyFe alloy 1,610-1,630 RMB/KG, and Tb metal 6,100-6,150RMB /KG.

2.       业内人士分析Analysis of Professional Insiders

稀土整体市场大致稳定，其中轻稀土表现稳健而重稀土延续弱稳。虽然轻稀土有所企稳但仍欠缺动力，仅凭目前的需求状况与上游的供给控制程度判断，当下稳定较为脆弱，上游维持力度难增。

The overall rare earth market is generally stable, among which light rare earth is stable while heavy rare earth continues to be weak. Though light rare earth has stabilized, it is still lack of power. Judging from the current demand situation and the supply control degree of upstream, the current stability is relatively fragile, and it is difficult to increase the strength of upstream.

下游对镨钕轻微反弹有所反应但不太敏感，一者反弹幅度不高且金属镨钕仍处于买家市场；二者下游基于自身需求并不过于看涨后市。但随着镨钕的连续稳健小涨，下游询价明显频繁。

The downstream has a slight reaction to the PrNd rebound but not very sensitive. The first reason is that the rebound is not high and PrNd metal is still in the buyer's market, the other is that downstream are not too bullish on the future market based on their own demand. But along with continuous steady small rise of PrNd, downstream inquiry is getting obviously frequent.

短期预测：镨钕虽然当下反弹企稳，但过剩氧化物库存仍在，后续较难出现明显反弹幅度。另一方面，镨钕保持当下企稳走势符合上下游利益，也是部分大厂当下的刚需目标，业内的自我调整同时也决定了镨钕短期走势不会出现下调可能。预测短期内镨钕稳健为主。（瑞道稀土资讯）

Short term forecast: although PrNd rebound stabilizes at the moment, the excess PrNd oxide inventory is still in existence, and it is difficult to see a significant rebound in the near future. On the other hand, maintaining current stable trend of PrNd is in line with the benefit of upstream and downstream, which is also the immediate demand target of some large factories. The self-adjustment of the industry also determines that the short-term trend of PrNd price will not be reduced. It is predicted that PrNd is mainly robust in the short term. (Ruidow Rare Earth Info)

北方稀土高科技股份有限公司发布10月稀土产品挂牌价格

Listing Price of Rare Earth Oxides in Oct from CNRE

南方稀土发布10月13日稀土氧化物挂牌价

Listing Price of Rare Earth Oxides on Oct 13th from CSRE

单位：万元/吨（出厂含税价）

Unit: 10 thousand RMB/ ton (EXW price incl. tax)

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

2020年10月16日

Oct 16th, 2020

提示：以上信息仅供参考！

Notes: the information above is for reference only!