JL MAG Rare-earth Industry Price Briefing 2408（Issue No.500）03-04~03-08

Week 10，2024

1.    重要新闻简报Briefing of Important News

本周稀土市场行情，镨钕、金属钕价格出现小幅下跌，镝铁合金以及金属铽价格保持不变。亚洲金属网周末价格: 镨钕金属价格425-430元/KG；金属钕价格430-440元/KG；镝铁合金价格1760-1780元/KG；金属铽价格6400-6600元/KG。

This week's rare earth market sentiment, the price of PrNd and Nd metal appeared to fall slightly. DyFe alloy and Tb metal prices remain unchanged. Weekend prices on Asia Metals.com: PrNd metal 425-430 RMB/KG; Nd metal 430-440 RMB/KG; DyFe alloy  1760-1780 RMB/KG; Tb metal 6400-6600 RMB/KG.

2.    业内人士分析Analysis of Professional Insiders

本周（3月4日-3月8日，下同）稀土市场与前两周相比波动不大，虽然依旧处于调整价位附近，但由于上游的坚挺与观望，故而市场被明显的分割出上游及中下游两种行情。

This week (3.4-3.8, the same below) compared to the previous two weeks, the rare earth market has seen minor fluctuations. Although prices are still around adjustment levels, the market has been notably divided into two trends - upstream and midstream/downstream, due to the firm stance and wait-and-see attitude of upstream participants.

与上周相比，本周稀土氧化物市场在坚挺与僵持中趋稳，观望；金属却在实单跟进中不断让利，克制采购原料，在倒挂中继续加深。整体来说，需求仍属被动调整，轻稀土在现有价位上缓慢回调，重稀土则表现追高看好。

Compared to last week, this week the rare earth oxide market has stabilized in a firm and cautious manner, with a wait-and-see attitude; meanwhile, the metal market has continued to offer discounts to attract actual purchases, exercising restraint in raw material procurement and deepening the inversion. Overall, demand is still undergoing passive adjustments, with light rare earth experiencing a slow decline at current price levels, while heavy rare earth are showing positive performance with expectations of further increase.

原矿愈发紧张，国外矿在环保问题上停产的消息“激荡人心”，但短期内情绪面趋弱的影响依旧在继续，产业链各端的原料库存，除大企业外，基本处于低位，在原矿及废料难让利的情况下，磁材端采购基于国内及出口订单的忧虑均在克制。至此，全产业链均在抑价而行。（瑞道稀土资讯）

The tension in the supply of ore is increasing, and news of overseas mines halting production due to environmental issues has stirred up emotions. However, the short-term impact of weakened sentiment continues to persist. Raw material inventories at various points along the industry chain, except for large enterprises, are generally at low levels. With difficulties in offering discounts on ores and scrap materials, procurement activities in the magnet material sector are being restrained by concerns over domestic and export orders. Thus, the entire industry chain is operating under pressure to lower prices. (Ruidao Rare Earth Information)

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

2024年03月08日

March 08^th, 2024