金力永磁稀土行情简报201802期（总第215期）01-08~01-12

JL MAG Rare-Earth Industry Price Briefing 01-08~01-12

Week 2, 2018

1. 重要新闻简报Briefing of Important News

本周稀土市场行情镨钕，镝铁和铽价格都有不同程度的涨幅，其中镨钕涨幅明显。亚洲金属网价格: 镨钕金属价格425-435元/KG (12日上海有色，430-450元/KG)，镝铁合金价格1170-1200元/KG (12日上海有色，1180-1200元/KG)，金属铽价格3950-4000元/KG (12日上海有色，3950-4100元/KG)。

This week, prices of PrNd，DyFe and Tb have increased at varying degrees, especially PrNd has an apparent rise. Price from Asian Metal at this weekend presents: PrNd 425-435 RMB/KG（SMM 12thprice:430-450 RMB/KG）, DyFe 1170-1200 RMB/KG (SMM 12th price:1180-1200 RMB/KG) and Tb 3950-4000 RMB/KG (SMM 12th price:3950-4100 RMB/KG).

日前，江西省赣州市稀土资源远景评价项目顺利通过赣州市稀土开发综合利用综合试点工作小组办公室组织的评审，项目成果显示再造了几个“稀土王国"。调查结果大大超过预期，新发现了十多个大中型以上稀土矿床，新增了数倍于以往的稀土资源量，尤其是在加里东期的上犹岩体中找到了重稀土。

Rare earth prospect evaluation project smoothly passed the evaluation organized by Ganzhou RE Multiple Utilization and Experiment Office, which means to build several extra“Rare Earth Kingdoms". The exploration result is far more than expectation: more than ten large and medium-sized rare earth ore deposits have been discovered with several times rare earth resources of what was found before, and it is particularly worth mentioning that heavy rare earth was found in Shangyou rock of the Caledonian period.

2. 业内人士分析Analysis of Professional Insiders

从1月5日开始稀土市场进入快速上涨期，大多数产品价格都有不同幅度的增长。但由于价格上涨过快而下游需求没有跟进，市场从12日开始止涨企稳。1月12日稀土市场镨钕报价：氧化镨钕主流含税34万-34.5万/吨，镨钕金属含税43.5万-44万/吨，高出2-3万/吨的情况依然充斥市场。（富宝资讯马雷）

Since Jan. 05th, rare earth market entered into rapid rising period, prices of most products have increased in different ranges, however, as a result of the rapid price increase and weak demand from downstream, market prices become stabilized since Jan 12th. On Jan. 12th, the RE tax-inclusive prices presented: PrNd oxide 340,000~345,000 CNY/T, PrNd metal 435,000~440,000CNY/T, and it is still quite common to see prices that are 20,000-30,000 higher from the market. (Malei, Fu'an INFO)

虽然近几日稀土市场开始偃旗息鼓，但据估计价格下行的可能性仍然不大，主要原因有以下几点：一，矿价和钕铁硼废料的价格都有不同程度的增长，而且原料供应相对吃紧，导致产品的成本增长。二，年关将至下游备货的采购量虽然由于价格快速上涨会有所减少，但需求量不会出现大幅度减少。三，2018年刚刚开年，大部分工厂由于库存成本仍然高于市场价格而不愿意低价出货。 第四，大家预期的国家整顿稀土市场秩序的信心在增强。（瑞道金属网由晓红）

Although the prices from rare earth market cease to increase in recent days, it is estimated that they are less likely to go downward. The main reasons as follows: first, the various increase of ore and NdFeB waste price and the short supply of raw material result to cost increase; second, although the rapid increased prices lead to less purchase from the downstream, there won't be big decrease of demand by the end of the year; third, cost of the stock materials from most factories are still higher than the market and they are not willing to sell their stock at lower prices at the beginning of 2018; fourth, the confidence is strengthening on the national consolidation of rare earth market order. (You Xiaohong, Ruidow Metal)

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

2018年1月12日

Jan. 12th, 2018

提示：以上信息仅供参考！

Notes: the information above is for reference only!