Recent fluctuations in the domestic rare earth market, since August, the rare earth market has shown a “reverse V” trend. In early August, the price of the rare earth market rebounded, but began to decline gradually in mid-August. As of No. 16, the price of some rare earth in China has risen slightly, which is affected by domestic policy and Sino-US trade war. The trend of the soil market is fluctuating. According to the Shangshu rare earth plate index, on August 18, the rare earth index was 370 points, down 63.00% from the cyclical peak of 1000 points (2011-12-06), and up 36.53% from the lowest point of 271 on September 13, 2015.

As of August 18, the average price of neodymium, dysprosium and praseodymium in rare earth metals in China was 386,500 yuan/ton, 2.3 million yuan/ton and 695,000 yuan/ton respectively. The average price of praseodymium oxide, neodymium oxide, dysprosium oxide, praseodymium oxide and neodymium oxide in rare earth oxides is 3.325 million yuan/ton, 1.94 million yuan/ton, 3.825 million yuan/ton and 3.345 million yuan/ton respectively. The price of praseodymium and neodymium alloys in rare earth alloys is 386,500 yuan per ton, and the average price of dysprosium and iron alloys is 193,000 yuan per ton.

After mid-August, the price trend of heavy rare earth dysprosium-terbium system is relatively stable, Myanmar still restricts the export of rare earth, the supply pattern of domestic heavy rare earth market has not changed, the domestic supply is still tense, the domestic price maintains a high level, and the recent domestic policy is still fermenting, bringing certain benefits to the domestic heavy rare earth market. Expect.

Since August, the price of light rare earth has changed frequently. In the first ten days of August, the price of praseodymium and neodymium products has risen by 4.5%. The price of neodymium oxide and praseodymium neodymium oxide has risen first. However, the downstream demand for light rare earth has not improved significantly. A small number of downstream merchants replenish their products on demand, and the actual transaction price is still at a low level. Looking forward to a strong mood, in mid-August the market prices of light rare earth have fallen, prices fell back to the beginning of August. The price fluctuation of rare earth market is related to environmental protection supervision in the whole country. Rare earth production has its particularity, especially the radiation hazard of some products, which makes environmental protection supervision stricter. Under strict environmental protection inspection, manufacturers control sales reasonably, but in the near future, they are greatly affected by external environment. They mainly benefit from the active distribution of new energy fields by mainstream automobile factories at home and abroad. The increasing number of new energy vehicles has brought some favorable support to the rare earth market. The price of domestic rare earth market has changed a lot, but in the near future, the market has changed a lot. Large conglomerates are also cautious about pricing their products.

Recently, the State Environmental Protection Department has made no reduction in its stringent efforts, which has a greater impact on the rare earth industry. The rare earth industry has a low start-up and a cold market. At the recent press conference on macroeconomic operation held by the Development and Reform Commission, Meng Wei, spokesman of the National Development and Reform Commission (NDRC), answering reporters’questions on rare earth, said that on the basis of in-depth investigation and scientific demonstration, relevant policies and measures would be put forward to give full play to the special value of rare earth as a strategic resource. Due to the increasingly obvious regulatory effect, the supply of raw ore resources in the upstream of the rare earth industry has shrunk, and people in the domestic market are waiting for the good news of the policy and the national reserve.

Rare earth analysts of business associations expect that in the near future, domestic environmental stringent inspection will not be reduced, coupled with domestic rectification of the order of the rare earth industry, Myanmar’s export restrictions and normal supply, but the recent rare earth market trading situation is general, focusing on national storage and Sino-US trade and other factors, the national policy has brought rare earth to a certain extent. Good support, rare earth market prices are expected to remain volatile.