Rare earth prices rose after the hottest Festival,

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Rare earth prices rose after the festival, and the rare earth sector continued to strengthen

Abstract: after the Spring Festival in 2017, the prices of rare earth metals continued to rise. On February 15, the quotation of metal praseodymium and neodymium was 35 80000 yuan/ton, up 3000 yuan/ton from the previous day, up 6% since the holiday

in terms of individual stocks, 30 stocks rose, of which Shenghe resources rose by the limit, Galaxy magnet (18.430, -0.32, -1.71%), innova and Guangsheng nonferrous metals (48.200, -0.64, -1.31%) all rose by more than 5%, Baotou Steel (3.090, -0.05, -1.59%), Northern rare earth and *st five rare earth rose by more than 4%; 1 flat plate; Only three stocks of Aluminum Corporation of China (5.170, -0.09, -1.71%), Jiangxi copper (19.990, -0.30, -1.48%) and Mindong power (14.160, -0.16, -1.12%) fell slightly by no more than 1%

after the Spring Festival in 2017, the price of rare earth metals continued to rise. On February 15, there has never been such a wire recycling machine on the gold market that can handle nylon materials such as fishing lines and common plastics such as plastic bottles and yogurt cups. It is praseodymium neodymium quotation 35 80000 yuan/ton, up 3000 yuan/ton from the previous day, up 6% since the holiday

market participants are also optimistic about the rare earth market in 2017. A rare earth industry analyst told that the price rise reflects the recent efforts of the rare earth industry in cracking down on triads, purchasing and storage, and downstream demand. In particular, last year, the eight departments jointly launched a special action to crack down on rare earth violations across the country, which has achieved good results in various regions, forming effective constraints on the supply side and providing strong support for the rise in rare earth prices

customs statistics show that the problem of rare earth sale before the fair, safe and efficient use of materials is relatively serious. In 2016, the export of rare earth was 31300 tons, with a year-on-year increase of 53.8%, and the average export price was $7.33/kg, a year-on-year decrease of 39.2%. In addition, the prices of rare earth oxides and metals in 2016 were lower than those in 2015. Among them, the average prices of neodymium oxide, dysprosium oxide and terbium oxide decreased by 4.4%, 16.7% and 15.2% year-on-year respectively; The price of lanthanum oxide, cerium oxide, yttrium oxide and other surplus rare earth elements fell by 5% to 30%

the whole industry lost 600million yuan in 2015, and the rare earth industry continued to lose 160million yuan in the first three quarters of 2016. In the 2016 annual report of several rare earth listed companies in China, the plastic packaging industry will mainly show three development trends in the future: the plastic packaging will become green, and the performance forecast shows that the net profit of Shenghe resources is expected to turn from profit to loss; The net profit of North rare earth is expected to decline by 70% to 90%* Although st Wuxi and Guangsheng nonferrous metals turned losses into profits, their net profits are expected to be 13million to 35million yuan and 20million to 30million yuan respectively

in response to this problem, in December 2016, the Ministry of industry and information technology, the Ministry of public security and other eight departments jointly launched a special action to crack down on rare earth violations across the country. The action requires that from December 2016 to April 2017, we should severely crack down on the illegal mining of rare earth, rectify the disguised processing of illegal mineral products in the name of "comprehensive utilization", strictly regulate the trading of rare earth products, trace the source of low-cost export rare earth products, and check the implementation of local regulatory responsibilities. Since then, Jiangxi, Guangdong, Fujian, Shanghai, Gansu, Shandong, Guangxi, Inner Mongolia and other provinces have carried out special actions to combat rare earth violations to varying degrees

Guangfa Securities (18.260, 0.30, 1.67%) reported that with the continuous promotion of special actions to crack down on rare earth violations across the country, the price of rare earth rose slightly after the year, and with the deepening of the crackdown, the supply of black rare earth is expected to continue to decline, and the price of rare earth is expected to rise gradually. At the same time, black rare earth causes serious local environmental pollution problems, and the strict environmental supervision will also force the liquidation of some high polluting production capacity, effectively rectify the industrial order, and realize supply contraction and structural adjustment of the whole industry

in addition to the success of the "crackdown" work on the supply side, the purchase and storage of national reserves on the demand side and the replenishment of inventories after the year directly stimulated the increase in rare earth demand

Haitong Securities (16.040, 0.21, 1.33%) reported that from the consumer side, trading has begun since winning the bid for the second round of rare earth purchase and storage recently, and the inventory has decreased. In addition, the consumption of new energy vehicles after the holiday is hot, which also promotes the increase of enterprises' demand for rare earth

GF Securities said that at the end of last year, all manufacturers experienced the process of de stocking, and the inventory level was low. After the Spring Festival, the downstream rare earth manufacturers began to operate one after another, and the market downstream demand gradually recovered. The manufacturers gradually increased production and procurement, supplemented raw material inventory, and the spot inventory decreased after the national reserve received and stored. Therefore, the supply and demand structure has changed, which directly promotes the rise of rare earth prices. The total bidding volume of rare earth national reserve is more than 2000 tons, and the bidding price is 2%-8% higher than the last time, with a transaction rate of more than 98%. Among them, the bidding price of praseodymium and neodymium oxide is about 260000 yuan/ton, which is close to the mainstream price in the market. If there is no specified speed for the bidding quantity of 1, 300 tons. The completion of the State Reserve's purchase and storage may stimulate market demand in the short term, improve the current imbalance between supply and demand, and boost the confidence of the rare earth market

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