The rare earth industry has entered the traditional peak season, and its performance may usher in a significant improvement

Finance Associated Press

2023-09-26 07:42:19 Published on the official account of Cailian press, a subsidiary of Shanghai Poster Industry Group

Notice of the Ministry of Industry and Information Technology and the Ministry of Natural Resources on issuing the second batch of total control indicators for rare earth mining, smelting and separation in 2023. In 2023, the total control indicators of the second batch of rare earth mining, smelting and separation will be 120,000 tons and 115,000 tons respectively.

Since the third quarter of last year, the price of rare earth has gradually stabilized, and the price fluctuates around 450,000-500,000 yuan/ton. According to the rare earth price index released by the China Rare Earth Industry Association, after experiencing shocks and declines in the first half of this year, the prices of major rare earth products such as praseodymium neodymium oxide, dysprosium oxide, and terbium oxide have risen to varying degrees since July. Huatai Securities believes that due to the impact of stocking before the 11th holiday, the downstream will gradually enter the peak season from September, and the supply disturbance is expected to recover and the demand is expected to recover, and it is expected that the short-term rare earth price is expected to fluctuate and strengthen.

Considering that the second batch of quotas in 2023 has not yet been issued, and the quotas have a great impact on the domestic supply and demand pattern, it is necessary to pay attention to the formulation of the second batch of quotas in the future.

In the long run, the new field represented by humanoid robots is expected to continue to drive the growth of downstream demand for rare earths