澳门人威尼斯3966(中国)有限公司

JL MAG Rare-earth Industry Price Briefing 2502（Issue No.538）01-06~01-10

Week 02，2024

1.    重要新闻简报Briefing of Important News

本周稀土市场行情，镨钕、金属钕、金属铽和镝铁合金价格均出现小幅上涨。亚洲金属网周末价格: 镨钕金属价格491-494元/KG；金属钕价格491-496元/KG；镝铁合金价格1570-1590元/KG；金属铽价格7050-7150元/KG。

This week, the rare earth market has seen a slight increase in prices for PrNd, Nd metal, Tb metal, and DyFe alloy. Asia Metal weekend prices: PrNd metal price ranges from 491-494 RMB/KG, The price of Nd metal is 491-496 RMB/KG, The price of DyFe alloy is 1570-1590 RMB/KG, Tb metal price is 7050-7150 RMB/KG.

2.     业内人士分析Analysis of Professional Insiders

本周（1月6日到10日）稀土市场主流商品价格延续弱稳波动，市场活跃度有所下降，分离企业对外出货报价较为稀少，按需补库，维持正常采购节奏，贸易企业主动出货量小幅增加，市场内流通的现货逐步缩减，寻找低价货源的难度日益增大。镨钕价格小幅震荡，市场询价企业有所增多，但出货积极性不高，多以观望为主。

This week (Jan. 6-10), the mainstream commodity prices in the rare earth market continued to fluctuate weakly and steadily with a decrease in market activity. Separate enterprises offered relatively rare quotes for external shipments, and they supplemented their inventory as needed to maintain a normal procurement rhythm. Trading enterprises actively increased their shipment volume, and the spot goods circulating in the market gradually decreased, making it increasingly difficult to find low-priced sources of goods. The price of PrNd has fluctuated slightly, and there has been an increase in market inquiry companies, but the enthusiasm for shipment is not high, and most of them are just wait-and-see.

总体来看，原材料市场供应相对充裕，节前备货已满足节后下游原材料的部分需求，市场活跃度有所降低。同时，随着国内外稀土开采和冶炼分离总量的不断增加，市场供应压力也在逐步加大。2025年，预计以旧换新政策、税收优惠措施以及购车补贴等激励政策将继续实施，维持并促进汽车市场需求的稳步增长。同时，根据中央经济工作会议的指导精神，将加大对新能源汽车下乡活动的支持力度，并持续推进以旧换新政策。基于以上积极因素，GGII（全球产业研究机构）预测，2025年我国新能源汽车销量将达到1610万辆，电动化渗透率也有望超过50%的里程碑，为行业需求注入一定的信心。（包头稀土产品交易所）

Generally speaking, the supply of raw materials in the market is relatively abundant, and pre holiday stocking has met some of the downstream demands after the holiday, resulting in a decrease in market activity. At the same time, with the continuous increase in the total amount of rare earth mining and smelting separation at home and abroad, the market supply pressure is gradually increasing. In 2025, it is expected that incentive policies such as trade-in, tax incentives, and car purchase subsidies will continue to be implemented to maintain and promote steady growth in demand in the automotive market. At the same time, in accordance with the guidance of the Central Economic Work Conference, we will increase support for the rural activities of new energy vehicles and continue to promote the policy of exchanging old for new. Based on the above positive factors, GGII (Global Industry Research Institute) predicts that the sales of NEV in China will reach 16.1 million units by 2025, and the penetration rate of electrification is expected to exceed the milestone of 50%, inputing a certain level of confidence into industry demand. (Baotou Rare Earth Products Exchange)

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

2025年01月15日

January 15^th, 2025