JL MAG Rare-earth Industry Price Briefing 2430（Issue No.522）08-26~08-30

Week 35，2024

1.    重要新闻简报Briefing of Important News

本周稀土市场行情，镨钕、金属钕、金属铽价格出现上涨，镝铁合金价格小幅下跌。亚洲金属网周末价格: 镨钕金属价格497-500 元/KG；金属钕价格500-505元/KG；镝铁合金价格1690-1710元/KG；金属铽价格6650-6850元/KG。

In the rare earth market this week, the prices of PrNd, Nd metal and Tb metal all rose, while the price of DyFe alloy has slightly decreased. Asian metal at this weekend presented: PrNd metal price 497-500 RMB /KG; Nd metal price 500-505 RMB /KG; DyFe alloy price 1690-1710 RMB /KG; Tb metal price 6650-6850 RMB /KG.

2.     业内人士分析Analysis of Professional Insiders

本周（8.26-30日）稀土市场受供应将要减少的消息刺激，再次互现镨钕踏步上扬，风头很热。尽管本周畏高情绪始终伴随左右，市场成交热度一度有降温，且金属成交相对氧化物有些许倒挂，但看多及做多氛围迭起，使得出货均显得克制，镨钕一枝独秀扶摇直上，并未带动重稀土其他品种一起上涨。整体来看，稀土价格再次接近本年高点后，甚至有可能再创高点。

This week (August 26-30), the rare earth market was stimulated by news that supply would decrease, and PrNd once again showed a steady rise, with a very hot trend. Despite the persistent fear of high sentiment this week, the market transaction heat has cooled down for a while, and the metal transaction is slightly inverted compared to oxides. The atmosphere of being bullish and being long has emerged repeatedly, making shipments appear restrained. PrNd stands out and has not driven other heavy rare earth products to rise together. Overall, rare earth prices may even reach new highs after approaching this year's high again.

乐观预判：北方概率高挂的加持影响有可能让镨钕在下周继续保持维稳向上的冲力，但北方长协的拿货情况也让镨钕走势有些许不确定的走向。镝铽产品无论是氧化物还是金属，集团的掌控力更强。目前，原矿的高价与量少支撑镝铽价格虽弱且缓，且大部分分离厂成本偏高，市场散货低价货的出清，维稳或微涨的概率或存在，但主要一方面看集团操作，另一方镨钕的走向也影响镝铽。（瑞道稀土资讯）

Optimistic prediction: The strong impact of high probability in the Northern Rare Earth may continue to maintain stability and upward momentum for PrNd next week, but the purchasing situation of the Northern Long Term Cooperative also makes the trend of PrNd somewhat uncertain. The group has stronger control over Dy and Tb products, whether they are oxides or metals. At present, the high price and low quantity of raw ore support the price of Dy and Tb, although weak and slow, and most separation plants have high costs. The clearance of low-priced bulk cargo in the market may maintain stability or slightly increase the probability, but mainly depends on the group's operations, and the direction of PrNd also affects Dy and Tb. (Ruidao Rare Earth Information)

3.    趋势图（参考亚洲金属网）Tendency Chart (refer to Asian Metal)

2024年08月30日

August 30^th, 2024