Following last week's stabilization and recovery of light rare earth prices, heavy rare earth prices have risen recently. Holmium oxide rose 3000 yuan / ton to 345000-35000 yuan / ton on Tuesday. In terms of light rare earth, the price of praseodymium and neodymium oxide rose to 260000 yuan / ton, which made it difficult to find low-cost goods and the market was reluctant to sell them. In terms of medium heavy rare earth, the quotation was raised due to the positive expectation. Industry analysis, short-term rare earth prices or meet inflection point. In the medium term, the demand for neodymium iron and boron for new energy vehicles may rebound after the epidemic eased, and it is expected that this year's demand for neodymium iron and boron will continue to make steady progress based on the increase in the consumption of high-end vehicles and the subsequent stimulus policies for automobile consumption. |
NEWS