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05 2017
9th Global Zircon Conference 2017 The “Global Zircon Conference” held by Ruidow is responded po..

More and more serious environmental situation are promoting the acceleration of price rise in rare earths


Keywords:rare earth

In the morning of June 13, the tax quotation of praseodymium neodymium oxide was 339-345 thousand RMB Yuan/ton for ex-factory delivery, which was increased by 1000 RMB Yuan/ton compared to yesterday. The tax quotation of alloy praseodymium neodymium was 428-435 thousand RMB Yuan/ton, the same as yesterday. The majority of the transactions were 341-345 thousand RMB Yuan/ton for praseodymium neodymium oxide, and 432-435 thousand RMB Yuan/ton for alloy praseodymium neodymium.


The quotation of praseodymium neodymium oxide was still in a small mess, the scope of buyers was further expanded, the offer from each big manufacturer showed a big gap, but most of the transaction price was above 340 thousand RMB Yuan/ton, as of 5PM of June 14, the transaction of alloy praseodymium neodymium reached 440 thousand RMB Yuan/ton to the highest, and the transaction of metal praseodymium neodymium was increased obviously. The enquiries for dysprosium oxide and terbium oxide were increased. The transaction price of dysprosium oxide was 1.16-1.17 million RMB Yuan/ton, 5,000 RMB Yuan/ton increased from yesterday, and the quotation of terbium oxide was 3-3.1 million RMB Yuan/ton, but the transaction volume was small. In addition, since the "looking back" working group of the environmental inspector entered Baotou, some small and medium-sized metal producers had to stop or reduce production for one month.


Analysis by Ruidow, after the shutdown of Jiangxi Gannan separation plant, Baotou was also hard to avoid environmental impact, the rare earth upstream supply is gradually contracted, and on the other hand, the downstream magnets manufacturers are strengthening the stock awareness, the price will continue to be raised in the next month, and the rising speed will be gradually increased.

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