China rare earth market is expected to climb to pick up

04/17 admin

CNREE data monitoring statistics of rare earth products average price in January 1 to February 20, Day: 71,000 to 74,000 yuan (t price, the same below) of the rare earth materials concentrate rare earth carbonate of yttrium and rich europium ore 26million to 31 million, 34 million to 37 million of neodymium oxide, praseodymium oxide, praseodymium 460,000 to 510,000 yuan, neodymium oxide of 590,000 to 620,000 yuan. 

    In late February, the rare-earth prices have dropped to their bottom line of businesses, the market price of some rare earth species have been close to the cost line, coupled with downstream operating rate one after another to enhance the price of rare-earth outlook will get some support. In addition, the State Administration of Taxation for the rare earth special invoices related businesses, the name of research been completed, the specific ways of implementation of the special invoices of rare earth is beginning to emerge, the Ministry of Land and Resources in February for the first time in batches issued a rare earth mining index added Large supervision. The industry was widely predicted that the March quarter from rare earth market is expected to stabilized stabilized. 

    Rare Earth Industry Group in Guangdong Province on February 27 formally, a subsidiary of listed company Rising colored belong to Guangdong Rising Assets Management Co., Ltd.. The Guangdong Provincial Government and the Rising to build the Guangdong Province Rare Earth Group sentiment as rare earth resources in an integrated platform of Guangdong province. The establishment of the Rare Earth Industry Group in Guangdong, the Guangdong provincial government very seriously, and intends to rare earth resources in Guangdong province were included in the rare earth industry groups to Guangdong. It is reported that Guangdong is China's rare earth resources in the widest variety of provinces, and the heavy rare earth rare in the world. According to estimates, Guangdong various rare earth reserves of more than nine million tons, accumulated on the table of ionic rare earth resources, reserves of 525,000 tons (REO), the highest in the country. In addition, from the industrial chain of the middle reaches of rare earth mineral production and smelting separation strength of the province of rare earth mining capacity of nearly 3000 tons, has become an important supply source of ionic rare-earth minerals.Deep processing of rare earth products from the industry chain downstream applications, Guangdong is the largest province of China's Rare Earth Functional Materials application. In 2011, Guangdong rare earth industrial output value of 50 billion yuan, driven by the downstream applications of industrial output value of over 1.5 trillion yuan. Guangdong have the potential for further development of a global production base of rare earth research and development have a major impact and application center. 

    China Rare Earth portal CNREE Trade Center Member suppliers continue to order quantity and purchase intention. Recently, Shandong, Zhejiang, Jiangsu, Fujian and other rare earth downstream processing enterprises out of the woods to discuss the acquisition of rare earth products to pull the rare earth market to stabilize the market price to enhance confidence, and thus also will be conducive to deep processing enterprises to increase orders. Price stability, the growth of downstream demand pull, are favorable for the development of rare earth industry chain, all the factors are in the pipeline to promote the market stabilized, which will be conducive to the smooth running of the outlook of rare earth prices. 

    Up to now, Guangxi, Fujian, Inner Mongolia and other provinces has started to issue its first rare earth mining index, indicating once again to increase the supervision of the rare earth industry chain upstream. Learned that reporters in mid-February in the Inner Mongolia Land and Resources Department, on the rare earth mining, the state requires signing a mining total control responsibility letters and contracts, implementation of staff to supervise the implementation of the control index of mining enterprises, and strictly enforce the statistical reports of the Land and Resources systems. This policy change, indicators of rare earth in batches issued, there will be conducive to business rational distribution of production is more conducive to market supply balance will not last six months on the run out indicators, but also to avoid the serious excess capacity, will play an active role in the maintenance of a stable market price of rare earth. 

    New materials policy: the newly released 12th Five-Year Plan, said the 12th Five-Year period will be to develop the rare earth industry is expected during the second five of the new materials industry is expected to reach 2 trillion yuan. "Planning" for the downstream rare earth industry capacity growth target of a series of high value-added products, including new rare earth permanent magnet material production capacity of 20,000 tons / year. The permanent magnet is upon magnetization that is able to maintain a constant magnetic rare earth permanent magnet material is called a new generation of permanent magnet materials, widely used in motors, sensors, magnetic thrust bearing. The size and potential of one of the permanent magnet is the Rare Earth Functional Materials of the four high-value-added applications, and the permanent magnet applications. Organizations to develop high-energy product of new rare earth permanent magnet materials, production processes, promoting the high coercivity, high temperature NdFeB magnets and samarium cobalt magnets, isotropic samarium iron nitrogen bonded magnetic powder and magnet industry, new permanent magnet material production capacity of 20,000 tons / year. Accelerate the development of electric vehicles with high-capacity, high stability of the new hydrogen storage alloy, the new hydrogen storage alloy powder production capacity of 15,000 tons / year. Promote the three-color phosphor, 3D display short persistence phosphor, the white LED phosphor industry, new luminous materials production capacity of 05,000 tons / year. To speed up high-grade rare earth polishing powder, petroleum cracking catalyst materials, automobile exhaust purification catalytic materials industry, new polishing powder production capacity of 05,000 tons / year, the catalyst material of 05,000 tons / year.
    International aspects: sharp drop in foreign orders, the price is high, the export of rare earth in China is basically stagnant in the second half of 2011, the Chinese rare earth export quotas in 2011 using only 49%. Export "limited loose" on January 30 this year, the WTO Appellate Body on U.S., EU, Mexico v. 9 kinds of raw material export restrictions the WTO Dispute report released ruling, policy stagnation in exports led to the super-index of mining and smuggling of repeated, appropriateThe liberalization of international markets will not only help to break the current impasse, but also conducive to the development of China's rare earth industry. The outlook predicted that as China's exports of rare earths "loose", the increase in exports will make the domestic supply relative reduction in turn will stabilize rising domestic prices of rare earth. Cause the domestic rare earth exports will further increase. Resulting in the domestic market supply of a corresponding reduction in a positive role in stabilizing the domestic market.