金力永磁稀土行情简报1832期（总第245期）08-20~08-24

JL MAG Rare-Earth Industry Price Briefing 08-20~08-24

Week 34, 2018

1. 重要新闻简报Briefing of Important News

本周稀土市场行情，镨钕、镝铁及铽价格继续保持平稳，与上周持平。亚洲金属网价格: 镨钕金属价格405-415元/KG （上海有色，410-415元/KG），镝铁合金价格1155-1175元/KG （上海有色，1150-1160元/KG），金属铽价格3820-3870元/KG（上海有色，3850-3900元/KG）。

This week, price of PrNd, DyFe and Tb still kept stable and unchanged from last week. Price from Asian Metal at this weekend presented: PrNd metal 405-415RMB/KG (price from SMM: 410-415RMB /KG), DyFe alloy 1155-1175RMB/KG (price from SMM: 1150-1160RMB/KG) and Tb metal 3820-3870RMB/KG (price from SMM: 3850-3900 RMB /KG).

2. 业内人士分析Analysis of Professional Insiders

稀土市场经过长期的小幅震荡下行终于企稳微扬，稀土上游产品价格本周表征触底，市场小幅活跃，询价及交略有回暖，转机势头初显，但未来振幅不强。

After a long period of small fluctuations, the rare earth market eventually stabilized and went slightly upward, this week rare earth upstream product prices bottomed out, the market was slightly active, inquiries and transactions got slightly warmer, the turnaround momentum has started to show, but it is not strong in the future.

氧化物市场本周一延续上周弱稳走势，氧化镨钕本周四下游询价量增加，但长期疲软的市场导致业内看涨信心不足，直至周五，成量有所回升，然而下游采购及贸易商始终保持理性，交主要集中在略低于主流报价32万元/吨的货源，高位成并无改善。氧化铽市场份额及成信息较少，市场上扬力度微弱且依据不稳，本周价格走势持稳。金属市场中端双向承压，虽有减产现象但较之氧化物其供需杠杆更不平衡，周初下游压价持续，虽交有所缓解但整体金属贸易依然是买方市场。

On Monday the oxide market continued its weak but steady trend from last week. On Thursday, PrNd oxide inquiries increased from downstream, but the long-term weakness of the market led to a lack of confidence in the industry. Until Friday, trading volume rebounded, however, downstream purchasers and traders remained rational, trading was mainly concentrated at a slightly lower level, at the mainstream offer 320,000 yuan/ ton, trading at higher prices didn't improve. Tb oxide market share and transaction information is less, the strength of the market is weak and the basis is unstable, this week the price trend is stable. The metal market was under two-way pressure, although there was a reduction in production, but the supply and demand leverage was more unbalanced than that of oxides. Price pressures from downstream continued beginning of the week. Although the weekend transaction eased, the overall metal trade was still at the buyer's market.

预计本月底氧化物镨钕系产品有望上调但幅度不大，镝铽系产品滞后稳定触底；金属下周上扬可能较小，但看好下月后市微弱上扬。

PrNd oxide products are expected to rise by the end of this month, but not dramatically, Dy and Tb products lag behind stable at the bottom; metals may hardly rise next week, but there can be bullish market after next month.

南方稀土发布8月20日稀土氧化物挂牌价

Listing price on 20th August from China South Rare Earth

单位：万元/吨（出厂含税价）

unit: 10 thousand rmb/ton (exw price incl. vat)

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

2018年8月24日

Aug 24th, 2018

提示：以上信息仅供参考！

Notes: the information above is for reference only!