JL MAG Rare-earth Industry Price Briefing 2303（Issue No. 447）01-28~02-03

Week 04，2023

1.    重要新闻简报Briefing of Important News

本周稀土市场行情，镨钕和金属钕小幅上涨，镝铁和铽的价格较为稳定。亚洲金属网周末价格: 镨钕金属价格893-903元/KG；金属钕价格985-995元/KG；镝铁合金价格2430-2450元/KG；金属铽价格17400-17600元/KG。

In the rare earth market this week, prices of PrNd, Nd metal rose slightly, DyFe and Tb kept stable. Asian metal weekend prices: PrNd metal 893-903RMB/KG; Nd metal 985-995RMB/KG; DyFe alloy 2430-2450 RMB/KG and Tb metal is 17400-17600 RMB/KG.

2. 业内人士分析Analysis of Professional Insiders

春节后盼涨情绪浓厚，故本周作为节后首周，稀土市场的“狂飙”也极其疯狂，但是此“飚”只在上游，中小游“飚”的费劲，至周末北方稀土平挂继续，稀土现货市场“飚”也难了。

As the first week after the Spring Festival, the rare earth market is also very crazy. But this "Crazy Race" is only in the upstream, hard to show in the middle and downstream, and until this weekend, the northern rare earth continued the flat, which is quite difficult for the rare earth spot market to increase rapidly.

首先镨钕来看：节后无量看涨，氧化镨钕“据传”价格扶摇直上，一天万元的涨幅向上报，市场流传的声音也格外多，分离厂及贸易企业报价高且惜售，中游金属端被动跟涨，倒挂明显，下游磁材在没有新单的情况下，微量补采。但实际上，本周的七天内，实单并未有传的那么高，刚过完节后至正月十五前，订单跟进慢，整体市场的狂飙随着北方稀土78.7万元/吨的平挂后而进入冷静，周末期虽未有明显的成交放量，但高报价开始回落。

First of all, from the aspect of PrNd, after the holiday, the price of praseodymium oxide "reportedly" skyrocketed, and the increase with 10,000RMB/Ton per day was reported. There were also a lot of voices circulating in the market. Separation plants and trading enterprises offered high prices and were reluctant to sell, the metal end passively followed the price rise and the price inversion was obvious. But in fact, in the seven days of this week, the actual order was not as much as the rumor, the orders followed slowly within these two weeks. The overall market surged with the northern rare earth 787,000 RMB/Ton after the flat and entered a calm. Although there was no obvious transaction volume, but the high price began to fall.

其次镝铽来看：节后的看涨的产品除了镨钕，镝铽的预盼也比较浓，但奈何市场缺少护航的企业，节后的镝铽少量成交，价格与节前保持一致，本周未出现明显变化，试探高报，但成交难上，镝铽以稳继续。（瑞道稀土资讯）

Second, from the aspects of Dy and Tb: in addition to PrNd, Dy and Tb are also expected to be bullish after the holiday, but the market is lack of companies to support it, Dy and Tb after the holiday are traded in a small amount, and the price remains consistent as before the holiday. There is no significant change this week and the price is reported to high, but the transaction is difficult, Dy and Tb continue to be stable. (Ruidow Rare Earth Information)

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

2023年02月03日

Feb.03rd, 2023