JL MAG Rare-earth Industry Price Briefing 2411（Issue No.503）03-25~03-29

Week 13，2024

1.    重要新闻简报Briefing of Important News

本周稀土市场行情，镨钕、金属钕、金属铽和镝铁合金价格均保持不变。亚洲金属网周末价格: 镨钕金属价格430-435元/KG；金属钕价格430-440元/KG；镝铁合金价格1750-1770元/KG；金属铽价格6350-6550元/KG。

This week, the prices of PrNd, Nd metal, Tb and DyFe remained unchanged. Prices from Asian Metal at the end of this weekend presented: PrNd metal 430-435 RMB/KG; Nd metal 430-440 RMB/KG; DyFe alloy 1,750-1,770 RMB/KG; Tb metal 6,350-6,550 RMB/KG.

2.    业内人士分析Analysis of Professional Insiders

本周（3.25-29日）稀土市场从上周的冲高回落中迅速调整步入稳定，尽管需求端仍旧显露出后继不足的常规疲态，但主流产品却在维稳中，弱势减缓，随后再度开启趋稳模式。

This week (3.25-29), the rare earth market quickly adjusted and stabilized from last week's surge and decline. Although the demand side still shows a conventional fatigue of insufficient follow-up, mainstream products are maintaining stability, and their weakness has slowed down. Subsequently, they have once again entered a stabilizing mode.

本周虽然主流稀土产品扭转向上，再度开启趋稳上涨的模式，但此次的速度较为缓慢且维稳意味较为明显，缓慢趋稳的过程缓和了部分下游的抵触心态，同时避免了以往过快的虚涨，也由于看稳及等待下月北方挂牌的前夜而出现惜售观望的情绪，使得市场在高低不等的报价及实单成交中出现小幅度的混乱。

This week, although mainstream rare earth products have reversed their upward trend and once again started a stable upward trend, the speed of this trend is relatively slow and the meaning of maintaining stability is more obvious. The slow process of stabilizing has eased some downstream resistance and avoided the previous too fast virtual rise. However, due to the cautious and wait-and-see attitude of waiting for the northern listing next month, the market has experienced slight confusion in the high and low quotations and actual transactions.

整体来看，当前上下游对稀土预测普遍抱有趋稳共识，尽管成交量依旧稀少，金属低价现货趋紧的现象在短时间内或许不会改变，但冰点似乎有溶解迹象。在各端成品处于成本边缘以内，买卖双方压缩商讨的余地或会逐步放缓，价格区间收窄，波动较小而走势平稳或许短期可见。（瑞道稀土资讯）

Overall, there is a general consensus on stabilizing rare earth predictions in the upstream and downstream. Although trading volume remains scarce, the phenomenon of metal low-priced spot prices tightening may not change in the short term, but there seems to be signs of melting at the freezing point. At each end, the finished products are within the cost margin, and the room for negotiation between buyers and sellers may gradually slow down. The price range will narrow, with small fluctuations and a stable trend, which may be visible in the short term. (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29日

March 29^th, 2024