金力永磁稀土行情简报201643期（总第159期）11-07~11-11

JL MAG Rare-earth Industry Price Briefing11-07~11-11

2016年第46周

Week 46, 2016

1.重要新闻简报Briefing of Important News

本周稀土市场稀土价格均有小幅上涨。亚洲金属网价格:镨钕金属315-320元/KG，镝铁合金价格1230-1260元/KG，铽金属价格3600-3650元/KG。

This week the price of rare earth market had a slight increase. The price at weekend from Asia metal presented as: PrNd 315-320 RMB/KG, DyFe 1230-1260 RMB/KG and Tb metal 3600-3650 RMB/KG.

2016年10月 ，中国稀土的出口量为3432 吨，较去年同期增长2.3% ，环比下滑6.6% ；出口平均单价为6.2 美元/千克，较去年同期下跌23.5% ，环比下跌20.5% 。2016年1-10月 ，中国稀土的出口总量为38435吨，同比增长43.7% ； 平均出口价格为7.3 美元/千克，同比下跌35.5% 。

The exports of China rare earth of October 2016 were 3432 tons, an increase of 2.3% compared with the same period while a decrease of 6.6% compared with last month. Besides, the export average price was 6.2 USD/KG, a drop of 23.5% compared with the same period of last year and a fall of 20.5% compared with last month. Moreover, the exports of China rare earth from January to October of 2016 achieved 38435 tons, with a growth of 43.7% compared to the same period, while the export average price was 7.3 USD/KG, with a decline of 35.5% compared to the same period.

2.业内人士分析Analysis of Professional Insiders

部分稀土产品价格近日继续上涨，金属镨钕、金属钕报价再次上调，氧化镝价格也有所攀升.

The price of some parts of rare earth products continues to go up recently and the price of PrNd metal as well as Nd metal rise again, moreover, the price of dysprosium oxide has an increase.

今日稀土市场持稳运行,上游盼涨心态不改，部分市场人士表示因对年底前收储推进仍有一定期待，加之主流产品价格的确已跌至心理价位，惜售乃是不得已之举。但下游采购商目前询盘频率增加者多，实际下手者少，询盘增加的表象也给一部分供货商造成了供应紧张的假象，实际供需对比程度要打个折扣才更接近真实情况。目前多方又进入观望状态，利好消息伏匿。

The price of rare earth market remains stable now and it is still expected to be risen by the upstream merchants. Some market participants still have a certain expectation of advancement on the purchasing & storage before the end of this year; as well as the price of mainstream products has fallen to psychological price level, as a result it has to be reluctant to sell out. However, the enquiries from downstream purchasers have an increase more while less actual turnovers. Besides, the image of these more increased enquiries had also created the false impression of short supply to some suppliers. Therefore the actual comparison of supply and demand has to be at a discount so that to be closer to its truth. At present multi parties have entered into the state of wait-and-see and positive news concealed.

数据显示，目前金属镨钕报价为每吨31.8万元至32.1万元，氧化镝为每吨121万元至122万元。另外，氧化铽近期询盘增加，商家报价开始上调，目前报价为每吨275万元至280万元，金属铽价格为每吨365万元，后期价格仍有调涨空间。据了解，进入11月部分厂家开始检修，上游产量将会相应减少，下游磁材等市场需求相对稳定。在企业限产保价以及收储预期的推动下，稀土行业盈利水平有望改善。

Data has shown that the price of PrNd metal is 318000-321000 RMB/ton, and dysprosium oxide 1210000–1220000 RMB/ton. Besides, the enquiries of terbium oxide have increased recently and its price also starts to rise that is 2750000 -2800000 RMB/ton and Tb metal 3650000 RMB/ton from merchant quotations. While the prices still have space to rise in the future. According to the obtained information, some manufacturers began to maintenance since November that the upstream production would be reduced correspondingly as well as the demand for downstream of magnets would be relatively stable. Under the pushing of limited production price and purchasing & storage expectations, the profitability of rare earth industry is expected to be improved.

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

2016年11月11日

Nov. 11, 2016

提示：以上信息仅供参考！

Notes: the information above is for reference only!