JL MAG Rare-Earth Industry Price Briefing 08-09~08-13

Week 33，2021

1.    重要新闻简报Briefing of Important News

本周稀土市场行情，镨钕、金属钕、铽和镝铁的价格较为稳定。亚洲金属网周末价格: 镨钕金属价格775-780元/KG；金属钕价格780-785元/KG；镝铁合金价格2680-2700元/KG；金属铽价格10750-10800元/KG。

This week, prices of PrNd, Nd metal, Tb and DyFe were relatively stable. Prices from Asian Metal at this weekend presented: PrNd metal 775-780 RMB/KG; Nd metal 780-785 RMB/KG; DyFe alloy 2,680-2,700 RMB/KG; and Tb metal 10,750-10,800 RMB/KG.

2.     业内人士分析Analysis of Professional Insiders

本周稀土市场整体成交不佳，走势相对乏力，上下波动有所收窄。镨钕产品表现偏弱，前半周微幅波动，后期低价成交陆续可见；镝铽产品本周同样让价出货增多，尤其氧化镝让价幅度拉大；钬产品本周出现回调现象；整体稀土产品在缺乏强有力的需求支撑下，价格且回调，且弱。

The overall rare earth market transactions this week were poor, the trend was relatively weak, and the ups and downs had narrowed. The performance of PrNd  products was weak, with slight fluctuations in the first half of the week, and low-price transactions in later periods were visible; Dy and Tb products also increased at concessions this week, especially Dy oxide concessions increased; Ho products experienced a correction this week; In the absence of strong demand support, the prices of rare earth products have been declining and weak.

短期来看，下游方面，部分磁材企业采取最低比例长协采购，库存率普遍维持在刚需线附近；部分企业等待下游锁单采购；小部分磁材企业停产待价；目前来看，稀土各主流产品下滑空间不大，但短期内尚缺采购动力。因氧化物成本压力凸显，即使贸易商与废料企业也难出现大幅下调的可能，故镨钕未来一周出现扭转的可能性不大；重稀土镝铽产品较大概率或仍有微弱下调的可能，毕竟贸易商在各种消息面的判断下容易套现了结，从大企的动机来看，目前仍倾向于维持稳定，市场各参与方期待与谨慎并存。（瑞道稀土资讯）

In the short term, for downstream, some magnetic material companies adopt the lowest proportion of long-term cooperative procurement, and the inventory rate is generally maintained near the rigid demand line; some companies wait for downstream lock-up purchases; a small number of magnetic material companies stop production and wait for prices; There is not much room for mainstream products to decline, but there is still a lack of purchasing power in the short term. Due to the prominent pressure on the cost of oxides, even traders and scrap companies are unlikely to have a significant downward adjustment. Therefore, it is unlikely that the PrNd will reverse in the next week; the heavy rare earth Dy and Tb products are more likely or still have a slight downward adjustment. After all, traders are easy to cash out under the judgment of various news. Judging from the motives of large companies, they still tend to maintain stability, and market participants expect and be cautious. (Redo Rare Earth Information)

北方稀土高科技股份有限公司发布8月稀土产品挂牌价格

Listing price in August from China North Rare Earth

南方稀土发布8月9日稀土氧化物挂牌价

Listing Price of Rare Earth Oxides on Aug. 9^th from China Southern Rare Earth

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)

2021年8月13日

August 13^th, 2021