This week: (9.4-9.8)
（1） Weekly Review
The rare earth market was flooded with news at the beginning of the week, and under the influence of sentiment, the market quotation rose significantly. The overall market inquiry activity was high, and the high level transaction situation also followed up. In the middle of the week, some low-priced goods began to enter the market, and the sentiment of enterprises gradually became cautious. The quotation returned to rationality, and most of them stopped quoting. In the wait-and-see market, the weekend market inquiry buying increased, and the market rebounded slightly, At present, the quotation for praseodymium neodymium oxide is around 530000 yuan/ton, and the quotation for praseodymium neodymium metal is around 630000 yuan/ton.
In terms of medium and heavy rare earths, the overall situation is showing a strong trend. Under the influence of Myanmar’s closure news, the supply of raw materials is insufficient, and the high prices of large metal manufacturers continue in the metal market. The dysprosium terbium market is steadily catching up, and downstream markets are actively seeking low replenishment. It is expected that the main heavy rare earth prices will continue to be strong in the short term: dysprosium oxide 2.59-2.62 million yuan/ton, dysprosium iron 2.5-2.53 million yuan/ton; 8.6 to 8.7 million yuan/ton of terbium oxide and 10.4 to 10.7 million yuan/ton of metallic terbium; 66-670000 yuan/ton of holmium oxide and 665-675000 yuan/ton of holmium iron; Gadolinium oxide is 315-32000 yuan/ton, gadolinium iron is 29-30000 yuan/ton.
（2） Aftermarket analysis
Overall, from the following aspects, the market is not expected to decline. Ganzhou Longnan Environmental Protection has requested some separation plants to shut down, resulting in tight spot supply in the current market. On the other hand, the downstream order taking situation has recovered. In addition, the listing price showed an upward trend at the beginning of the month, and market confidence has increased. Recently, positive market news has emerged, and the market is temporarily supported. It is expected that the short-term upward trend of praseodymium and neodymium will continue.
Post time: Sep-11-2023