This week: (10.16-10.20)
（1） Weekly Review
In the rare earth market, influenced by the bidding news from Baosteel at the beginning of the week, 176 tons of metal praseodymium neodymium were sold out in a very short period of time. Despite the highest price of 633500 yuan/ton, market sentiment was still affected to some extent, and the market entered a weak and stagnant trend. Overall, the purchasing sentiment was not good, and the market was mainly wait-and-see. The actual orders this week were relatively small, and overall, the market fluctuation this week was limited, and the short-term market is expected to remain stable, At present, praseodymium neodymium oxide is quoted at around 523000 yuan/ton, and praseodymium neodymium metal is quoted at around 645000 yuan/ton.
In terms of medium and heavy rare earths, the main products are operating steadily and weakly, and the prices of dysprosium and terbium products have significantly declined. We are cautious and cautious, and downstream magnetic material enterprises have not significantly added orders. The market has reported a slight increase in supply, and a small amount of spot low prices are traded. There may be a slight correction in the short term. Currently, the main heavy rare earth prices are: dysprosium oxide 2.66-268 million yuan/ton, dysprosium iron 2.6-2.63 million yuan/ton; 825-8.3 million yuan/ton of terbium oxide, 10.3-10.6 million yuan/ton of metallic terbium; 610000 to 620000 yuan/ton of holmium oxide, 620000 to 630000 yuan/ton of holmium iron; Gadolinium oxide 285000 to 290000 yuan/ton, gadolinium iron 275000 to 285000 yuan/ton.
（2） Aftermarket analysis
Overall, in terms of overall procurement and sales this week, the activity level is not high, and most companies remain tactical wait-and-see. The market fundamentals have not changed much, and it is expected that the short-term market will mainly be stable and volatile.
Post time: Oct-23-2023