JL MAG Rare-earth Industry Price Briefing 02-26~03-02

Week 9, 2018

1. 重要新闻简报Briefing of Important News

本周稀土市场行情镨钕，镝铁和铽价格普遍上涨。亚洲金属网价格: 镨钕金属价格443-453元/KG (2日上海有色，450-460元/KG)，镝铁合金价格1190-1220元/KG (2日上海有色，1210-1230元/KG)，金属铽价格4180-4230元/KG (2日上海有色，4100-4300元/KG)

This week, the price of PrNd, DyFe and Tb generally rose in the rare earth market. Price from Asian Metal at this weekend presented: PrNd 443-453 RMB/KG(price from SMM on Feb. 2nd presented : 450-460 RMB/KG), DyFe 1190-1220 RMB/KG(price from SMM on Feb. 2nd presented: 1210-1230 RMB/KG) and Tb 4180-4230 RMB/KG(price from SMM on Feb. 2nd presented : 4100-4300 RMB/KG).

2. 业内人士分析Analysis of Professional Insiders

节后稀土市场价格开始出现波动，商家已经开始入市进行询单，并且也出现少量的交，上游商家对稀土氧化物价格开始上调，一种是持货观望看好后市，不考虑出货，其二是，企业刚开工，确实没有货。生产供给方面，普遍认为会有所紧缩，下游节前备货不足，节后入市采购，必然会导致供给更加紧张。

对于即将迎来的3月北方稀土调价，普遍看涨，预期比较看好，所以整体市场上商家信心比较乐观。短期内看稀土价格仍处于小幅上涨的趋势。（百川资讯杜帅兵）

After the festival, the prices in the rare earth market began to fluctuate, businesses had begun to enter the market for inquiries, and there were also a small amount of transactions. The upstream businesses began to raise the price of rare earth oxides. One is to wait and see, but not to consider shipments and the other one is the enterprise has just started and does not have the goods indeed. In terms of production and supply, it is generally believed that there will be some austerity, stock of downstream market is insufficient and the purchase after the entry into the market will inevitably lead to more tension.

For the upcoming of Northern Rare Earth price adjustment on March, which is generally bullish and expected to be more optimistic, so the overall market business is more optimistic. In the short term, the price of rare earth is still in a small rising trend. (Du Shuaibing from Baichuan News)

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

2018年3月2日

Mar. 2nd, 2018

提示：以上信息仅供参考！

Notes: the information above is for reference only!