1,Briefing of Important News
This week, prices of PrNd, Nd metal, Tb and DyFe have a slight rising. Prices from Asian Metal at the end of this weekend presented: PrNd metal 650-655 RMB/KG, Nd metal 650-655 RMB/KG, DyFe alloy 2,430-2,450 RMB/KG, and Tb metal 8,550-8,600/KG.
2, Analysis of Professional Insiders
This week, the rare earth market trend on light and heavy rare earth is overall similar, the varieties are slightly differentiated, with Price of PrNd, Dy, Tb, Gd and Ho all increased. There is an obvious rising purchase of terminal in the middle week, while terminal become calm about light rare earth at the weekend. Price of heavy rare earth is still slightly increased. From the subsequent view, PrNd will be probably stay stable, while Dy and Tb still has upward space.
Last week, rare earth prices entered the overall upward state. Although the cautious attitude of the end market leads to extremely activity of traders, but oxide tightening and price chasing up were indeed a continuation of last week's market. The price of PrNd, Dy, Tb, Gd and Ho rose sharply in bullish calls. Dy and Tb are exception this week. Under the influence of many factors, such as the increasingly tight inventory in the separation plant, the soaring price of ore and the epidemic situation in Ruili city, Tb has steadily gone long "V" trend this week.
Post time: Jul-12-2021