JL MAG Rare-earth Industry Price Briefing 2343（Issue No.487）11-20~11-24

Week 48，2023

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，镝铁合金价格小幅上涨，金属铽价格维持不变。亚洲金属网周末价格: 镨钕金属价格600-605元/KG；金属钕价格610-620元/KG；镝铁合金价格2520-2540元/KG；金属铽价格9500-9700元/KG。

This week, prices of PrNd and Nd metal fell slightly, DyFe alloy increased a little, and Tb metal kept stable. Prices from Asian Metal at this weekend presented: PrNd metal 600-605 RMB/KG; Nd metal 610-620 RMB/KG; DyFe alloy 2520-2540 RMB/KG; Tb metal 9500-9700 RMB/KG.

2.业内重要新闻News of Rare-Earth Industry

本周（11.20-24，下同）稀土市场整体走势有所分化，轻稀土镨钕走势弱中有稳，重稀土镝铽冲高成交，价格再度上扬。

This week (Nov.20^th-Nov.24^th, the same below), the overall trend of the rare earth market is divided. The trend of light rare earth PrNd is weak and stable, and the heavy rare earth Dy and Tb hit a high transaction, and the price rose again.

镨钕产品本周整体由弱到稳，周初在消息面各种指引下，开盘即回调，上游分离厂也出现轻微调整，出货态度偏向积极，低价充斥市场。周中，龙头企业的挺价态度，但下游采购仍显乏力，导致镨钕依旧偏弱运行，企业的资金及态度影响着市场心态。周末，大企业的稳价态度，采购力度，开始把极低价格得以纠正，趋稳态势显露端倪。

PrNd products as a whole this week from weak to stable, at the beginning of this week in the news surface under the guidance of various, the opening is a callback, upstream separation plant also appeared slight adjustment, shipment attitude toward positive, low prices flooded the market. In the middle of the week, the attitude of leading enterprises to support prices, but the downstream procurement is still weak, resulting in PrNd is still weak, and the funds and attitudes of enterprises affect the market mentality. Over the weekend, the stable price of large enterprises and the intensity of procurement began to correct the extremely low prices, and the trend of stability was revealed.

目前，镝铽产品相对进入预期的稳步阶段，相对集中的库存构筑了可信及可靠的基础，后续来看，集团面对镝铽的影响会更为直接，同样，镝铽供需面的影响短期内亦难撼动价格走向。（瑞道稀土资讯）

At present, Dy and Tb products have relatively entered the expected steady stage, and the relatively concentrated inventory has built a credible and reliable foundation. In the future, the impact of Dy and Tb on the group will be more direct. Similarly, the impact of Dy and Tb supply and demand is difficult to shake the price trend in the short term. (Ruidow Rare Earth Information)

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

2023年11月24日

November 24^th, 2023