Since October, the price trend of domestic rare earth market has been mixed. The price of domestic light rare earth has risen slightly, and the prices of holmium and terbium Series in the medium and heavy rare earth market have decreased to varying degrees. According to the rare earth plate index of business agency, the rare earth index on October 29 was 355 points, up 1 point compared with yesterday, and 64.50% lower than 1000 points (2011-12-06), and 27.50% lower than the lowest point on September 13, 2015 1, up 31.00%. (Note: period refers to 2011-12-01 to now).

By the end of the month, the price of praseodymium and neodymium oxide in China was 333500 yuan / ton, up 2.6% from 326000 yuan / ton at the beginning of the month; the price of praseodymium and neodymium alloy was 418000 yuan / ton, up 0.72% from 415000 yuan / ton at the beginning of the month; the price of neodymium oxide was 356500 yuan / ton, 1.57% higher than that at the beginning of the month; the price of metal neodymium was 447000 yuan / ton, 2.05% higher than that of 438000 yuan / ton at the beginning of the month, The price trend of light rare earth market rose in October.

In October, the price of neodymium Series in domestic light rare earth rose, and the sentiment of major traders to enter the market was warmer than before, but the overall activity was still not high. At present, most of the operators have great hope for the future market, and the price of domestic rare earth market rose slightly. On the other hand, the supply of praseodymium neodymium rare earth market in China has been normal recently, and the production of major light rare earth manufacturers has been normal. The exchange trading market has improved, and the price trend of rare earth market has risen. The supply of light rare earth is normal, and the demand side’s purchase has increased compared with the previous period, and the price of light rare earth in the market has increased slightly.

In October, the price trend of domestic direct family declined slightly. By the end of the month, the price of dysprosium oxide was 1.67 million yuan / ton, which was 0.7% lower than that at the beginning of the month. The price of metal dysprosium was 2.19 million yuan / ton, up 0.46% from 218 million yuan / ton at the beginning of the month. At the end of the month, the price of dysprosium ferroalloy was 1.635 million yuan / ton, down 2.1% from 1.67 million yuan / ton at the beginning of the month The price of dysprosium and terbium series began to rise in the last ten days. In the domestic rare earth collection and storage plan, the proportion of medium and heavy rare earth in the annual output was relatively large, but the purchase and storage had not been carried out as scheduled. In addition, the downstream procurement was not active, and the direct market price continued to decline. However, at present, Myanmar’s customs clearance still had a tightening effect on the domestic medium and heavy rare earth import supply, and the domestic market price of heavy rare earth was still at a high level. Domestic terbium supply is relatively tight, manufacturers’ production is discontinuous, and terbium oxide and metal terbium remain at a high level. Recently, on-site procurement is not active, and domestic heavy rare earth prices have fallen slightly.

The Ministry of industry and information technology issued the notice on the docking and implementation of preferential policies for rare earth industry. According to the notice, the rare earth office entrusted China Nonferrous Metals Industry Association and China Rare Earth Industry Association to sort out and summarize the policy documents suitable for the application of rare earth enterprises, and formed a collection of supporting policies for the resumption of work and production of rare earth industry. Favorable policies support the development of rare earth industry. Meanwhile, Sino US relations are tense. Key products of rare earth trade between China and the United States are of great significance. National policies are conducive to the balance of supply and demand of rare earth industry. In recent years, the supply of rare earth market is normal, and the price of domestic rare earth market is mainly narrow.

Recently, the purchasing sentiment in the domestic rare earth market has risen, and the supply of medium and heavy rare earth market is normal. Analysts of business agency believe that China’s rare earth industry is expected to gradually move from “large” to “strong”. The traders in the market are more optimistic about the future market. It is expected that the market price of rare earth will rise slightly in the future.