金力永磁稀土行情简报201724期（总第190期）07-10~07-14

JL MAG Rare-earth Industry Price Briefing07-10~07-14

2017年第28周

Week 28.2017

1.重要新闻简报Briefing of Important News

本周稀土市场金属价格均有上涨。亚洲金属网价格: 镨钕金属460-463元/KG，镝铁合金价格1220-1240元/KG，铽金属价格4950-5000元/KG。

2017年上半年，稀土价格稳步上涨，政策常态化、制度化力促供给收缩。磁材企业产能利用率处高位，镨钕元素稀土需求旺盛。2017年1-6月份主要稀土价格涨幅在9%到35%之间，氧化镨钕涨幅26%左右，稀土价格底部回弹。受制于稀土供给总量和总产能过剩引起的供需矛盾，从11年起稀土价格主要产品深度回调80%左右，处于底部。打黑高压、流通可追溯、国储高频常态化，政策执行效果提升，力促供给端收缩。利好稀土产业长期有序发展，稀土价格将逐步回暖。在目前时间节点下，政策执行力度是驱动稀土价格上涨的核心因素。

This week all the metal prices on rare earth market had increased. Price from Asian Metal of this weekend presented: PrNd 460-463 RMB/KG, DyFe 1220-1240 RMB/KG, Tb 4950-5000 RMB/KG.

In the first half year of 2017, the price of rare earth steadily went up. The normalization and institutionalization of policies help to cut the supply. The capacity utilization of magnetic material enterprises is at a high level. PrNd is the main cause that leads to a great demand of rare earth. From January to June, 2017, the price of main rare earth has increased around 9%-35% and PrNd oxide has increased 26%. The price of rare earth has increased after the decline. Since 2011, the price of rare earth products had a huge callback about 80% which lies in the bottom because it is subjected to the contradiction between supply and demand that caused by the total supply of rare earth and total excess capacity. Hitting the high pressure, tracing back the circulation and the highly frequent normalization of national savings helps to promote the implementation effect of the policies and to cut the supply. It is beneficial to long-term orderly development of Rare earth industry. The rare earth prices will gradually go up. At present, the implementation of policies is the key factor that can drive the price of rare earth to increase.

2.业内人士分析Analysis of Professional Insiders

SMM7月12日讯：国内稀土市场大体平稳，仅氧化镨上调至410000-425000元/吨。镨钕品种出现暂稳迹象。后市价格变化需视下游刚需情况。

According to SMM reports on July 12th, today China rare earth market price is overall stable. Only PrNd oxide has increased to 410,000-425,000 RMB/T. The current price of PrNd is stable. Later on, the price changes depend on the demands of downstream.

7月12日SMM主流报价如下，氧化镨主流厂家含税价410,000-425,000元/吨，氧化钕 320,000-330,000元/吨，金属钕42-44万元/吨，氧化镨钕主流厂家含税355,000-370,000元/吨，镨钕金属主流厂家含税价455,000-470,000元/吨。金属铽主流厂家含税价4850-4950元/千克。氧化镝主流厂家含税119-121万元/吨，镝铁厂家含税价121-124万元/吨, 氧化钬厂家含税价41.0-43.0万元/吨，钬铁报价43.0-45.0万元/吨。氧化钆厂家含税价8.25-8.45万元/吨。

On July 12th, SMM mainstream price presented as follows: praseodymium oxide tax-included price is 410,000-425,000RMB/T, neodymium oxide is 320,000-330,000 RMB/T, neodymium metal is 420,000-440,000RMB/T, PrNd oxide is 355,000-370,000 RMB/T, and PrNd metal is 455,000-470,000RMB/T. Tb metal tax-included price is 4850-4950RMB/KG. Dysprosium oxide is 1,190,000-1,210,000RMB/T, DyFe is 1,210,000-1,240,000RMB/T. Ho oxide is 410,000-430,000RMB/T, HoFe quotes 430,000-450,000 RMB/T. Gadolinium oxide tax-included price is 82,500-84,500 RMB/T.

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

2017年07月14日

July 14th, 2017

提示：以上信息仅供参考！

Notes: the information above is for reference only!