JL MAG Rare-Earth Industry Price Briefing 08-28~09-01

Week 36，2023

1.     重要新闻简报Briefing of Important News

本周稀土市场行情，镨钕、金属钕、镝铁合金和金属铽价格均小幅上涨。亚洲金属网周末价格: 镨钕金属价格610-615元/KG；金属钕价格615-625元/KG；镝铁合金价格2400-2420元/KG；金属铽价格10000-10200元/KG。

This week, prices of PrNd, Nd metal, DyFe alloy and Tb metal all rose slightly. Prices from Asian Metal at this weekend presented: PrNd metal 610-615 RMB/KG; Nd metal 615-625 RMB/KG; DyFe alloy 2400-2420 RMB/KG; Tb metal 10000-10200 RMB/KG.

2.     业内人士分析Analysis of Professional Insiders

本周（8.28-9.1）稀土市场延续上周末拉涨行情，在大企业低询的带动下，分离厂及贸易企业开始试探追高报价。

This week (8.28-9.1) the rare earth market continued to pull up the market last weekend, driven by the low inquiry of large enterprises, separation plants and trading companies began to test and chase high prices.

当前，镨钕竞价出货现象有所缓和，原矿及废料氧化物承压严重，在缓解倒挂的这两个月追涨下，产业链各端的库存并不充足。或许，接下来，市场的主动权虽然仍会以买方为主，但一定阶段会回归于卖方。从宏观层面来看，新一轮刺激政策正在路上，九月将是重要的政策落地窗口期，无论是房产还是信贷政策。从微观层面来看，纵观近期几次镨钕冲高回落，氧化物的跌幅在不断缩窄，螺旋向上的动能蓄发较足。对于后市判断，虽然相较于镝铽，镨钕更为市场化，龙头企业凸显领头风范，上游仍会在稳价乃至进一步挺价中持续，镝铽等中重稀土，就目前的规律及消息面来看，仍有涨幅空间。（瑞道稀土资讯）

At present, the phenomenon of PrNd competitive shipment has eased, the pressure of raw ore and waste oxide is serious, and the inventory at all ends of the industrial chain is not sufficient under the two months of easing the upside down. Perhaps, next, although the initiative of the market will still be dominated by the buyer, it will return to the seller at a certain stage. From the macro level, a new round of stimulus policies is on the way, and September will be an important policy landing window, whether it is real estate or credit policies. From the micro level, throughout the recent high fall of PrNd, the decline of oxides is narrowing, and the upward momentum is sufficient. For the future market judgment, although compared with DyFe, PrNd is more market-oriented, leading enterprises highlight the leading style, the upstream will still be in the stable price and even further support prices continue, DyFe and other heavy rare earths, according to the current law and news surface, there is still room for growth.  (Ruidow Rare Earth Information)

北方稀土高科技股份有限公司发布2023年9月稀土产品挂牌价格

Listing Price of Rare Earth Products from CNRE of Sept. 2023

单位：元/吨（出厂含税价）

Unit: RMB/T (ex-work price including tax)

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

2023年9月1日

September 01^st, 2023

提示：以上信息仅供参考！

Notes: the information above is for reference only!