JL MAG Rare-Earth Industry Price Briefing 07-31~08-04

Week 32，2023

1.     重要新闻简报Briefing of Important News

本周稀土市场行情，镨钕和金属钕小幅上涨，镝铁合金价格和上周持平，金属铽价格出现小幅下降。亚洲金属网周末价格: 镨钕金属价格570-580元/KG；金属钕价格585-595元/KG；镝铁合金价格2180-2200元/KG；金属铽价格9100-9300元/KG。

This week, prices of PrNd and Nd metal increased slightly, DyFe alloy kept stable, while Tb metal fell a little. Prices from Asian Metal at this weekend presented: PrNd metal 570-580 RMB/KG; Nd metal 585-595 RMB/KG; DyFe alloy 2180-2200 RMB/KG; Tb metal 9100-9300 RMB/KG.

2.     业内人士分析Analysis of Professional Insiders

本周（7.31-8月4日）稀土整体表现持稳，这种行情是近几年难见到的，市场询报价不多，贸易企业也多处于观望，但细微处的差异却也表现明显。

This week (7.31-8.4) rare earth market has been stable, which rarely exist in recent years. The inquiry is not so much, and trading enterprises are also more on the sidelines, but the differences in details are also obvious.

在金属现货不足，氧化镨钕成本支撑及龙头企业适时的稳价下，镨钕系产品成交价格低位不断上移，与上周相比，镨钕上调速度虽缓却稳。

Under the shortage of metal spot, the cost support of PrNd oxide and the timely stable price of leading enterprises, the transaction price of PrNd series products continues to move up, compared with last week, the increase rate of PrNd is slow but stable.

本周成交多以补单及刚需采购为主，镨钕缓慢上涨并无需求面的过多支撑，而在当前价位下，上下游均有一定顾虑存在，故操作起来异常谨慎，金属端被动跟涨缩短倒挂，部分下游订单现金偏紧付款方式的灵活，导致了金属价格也随之而起，但镨钕走势也充满了不确定性，如果龙头企业支撑消退，价位或许有进一步弱化的空间，反之，镨钕或许仍有进一步上调的可能。

This week's transactions are mainly based on supplementary orders and just-needed purchases. PrNd slowly rise without too much support on the demand side, and at the current price, upstream and downstream have some concerns and cautious to the transactions. The metal supply end passively follows the rise and shortens the upside down, and the flexibility of cash tight payment methods for some downstream orders leads to the rise of metal price. However, the trend of PrNd is also full of uncertainty, if the support of leading enterprises fades, the price may have room for further weakening, on the contrary, PrNd may still have the possibility of further increase.

镝产品在消息面落地后，市场稳价的意愿仍旧存在，本周虽有部分持货商按照市场成交价位出货，但出货量有限，且不存在畏高抛售的现象。大厂的询单仍有一定支撑，流通现货的趋紧，短期内保稳或成为大概率可能，但中期来看或存有风险。（瑞道稀土资讯）

Dy products landed on the news surface, the market's willingness to stabilize the price still exists, although some holders shipped according to the market transaction price this week, but shipments are limited, and there is no fear of high selling phenomenon. There is still some support for leading enterprise inquiry, and the tightening of the circulation of stock may make it possible to maintain stability in the short term, but there are risks in the medium term. (Ruidow Rare Earth Information)

北方稀土高科技股份有限公司发布2023年8月稀土产品挂牌价格

Listing Price of Rare Earth Products from CNRE of August 2023

单位：元/吨（出厂含税价）

Unit: RMB/T (ex-work price including tax)

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

2023年08月04日

August 04^th, 2023

提示：以上信息仅供参考！

Notes: the information above is for reference only!