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Due to favorable policies, the domestic rare earth market has basically stabilized this week.
datetime:2019-09-04   Hits:503


       This week, the domestic rare earth market has basically stabilized, and only some varieties have been slightly reduced, mainly including cerium oxide, cerium oxide, cerium metal, strontium iron alloy, cerium oxide and strontium iron. Oxide and antimony metals, which are widely concerned by the market, are currently stable at 47-490,000 yuan/ton and 61-64 million yuan/ton respectively. The decline in the shackles and shackles was mainly due to the rational decline after the previous rise.


       This week, the policy layer continued to spread, including the meeting of the six major rare earth groups last weekend, decided to implement the group's unified pricing, and each subordinate enterprise could not sell it at its own price. In addition, the relevant departments conducted on-site verification of rare earth mining, smelting, separation and trading enterprises in Inner Mongolia, Jiangxi, Fujian and other provinces (districts). In some areas, some enterprises that were ordered to suspend production during the previous rectification process illegally resume production, and individual enterprises purchase and process. Illegal mineral products and other issues.


       However, from the market dynamics this week, the above favorable decisions have not brought significant boost to the domestic rare earth market, but the rare earth prices have indeed shown signs of gradual stabilization from the previous faltering.


       Recently, when the downstream long-term NdFeB signed the annual long-term order, the willingness of the separation companies to maintain the market is very significant, and the quotation of the big manufacturers continued to be firm. Even if the market has a small price increase due to pressure from small holders, the enthusiasm of downstream receiving goods is very limited. Only scattered transactions have not affected the firmness of mainstream prices. For now, these small quantities of low-priced goods are also Without further signs of price spread, the market stabilized.
It is expected that before the National Day holiday, the domestic rare earth market will remain stable as a whole, waiting for the policy and the guidance provided by the downstream long-term price.
 
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