澳门人威尼斯3966(中国)有限公司

JL MAG Rare-earth Industry Price Briefing 2409（Issue No.501）03-11~03-15

Week 11，2024

1.    重要新闻简报Briefing of Important News

本周稀土市场行情，镨钕、金属钕价格出现小幅上涨，金属铽价格保持不变，镝铁合金价格出现小幅下跌。亚洲金属网周末价格: 镨钕金属价格430-435元/KG；金属钕价格430-440元/KG；镝铁合金价格1750-1770元/KG；金属铽价格6400-6600元/KG。

This week, the price of PrNd and Nd metal has slightly increased. Tb metal prices remain unchanged. The price of DyFe alloy has fallen slightly. Weekend prices on Asia Metals: PrNd metal 430-435 RMB/KG; Nd metal 430-440 RMB/KG; DyFe alloy 1750-1770 RMB/KG; Tb metal 6400-6600 RMB/KG.

2.    业内人士分析Analysis of Professional Insiders

本周（3.11-15日，下同）稀土市场一改此前大幅下跌的行情，在询单及成交量聚拢的时段内，出现节后以来的首次拉涨。

This week (3.11-3.15, the same below) the rare earth market has changed its previous sharp decline. During the period of inquiry and transaction volume gathering, there was the first increase since the holiday season.

本周涨势的支点在于产业链上游对一季度价格的博弈，上游的坚挺稳价，与下游常规刚需备货采购为筹码，加上氧化物倒挂已久，利用成交回暖顺势调涨出货。

The fulcrum of this week's rise lies in the game between the upstream of the industry chain and the prices of the first quarter. The strong and stable prices in the upstream, combined with the conventional procurement of essential goods in the downstream as a bargaining chip, coupled with the long inverted oxide, are used to increase shipments in response to the rebound in transactions  

不过下游基于订单成本及预期订单信心不足的考量，并未出现爆发稳涨，而多为理性观望为试探，这也造成了此次稀土上涨集中且幅度甚小而时间闪烁。另一方面，订单集于头部的磁材大厂中，在涨跌过程中的议价权比以往任何时期都更有话语权，从需求层面判断下周仍是以弱下行占主流，但也有趋稳的概率，毕竟中下游的采购多会冷静为主。（瑞道稀土资讯）

However, considering the cost of orders and the lack of confidence in expected orders, there has not been a burst of stable growth in the downstream market. Instead, it is mostly a rational observation as a test, which has led to a concentrated and small increase in rare earth prices, with time flashing. On the other hand, orders are concentrated among the top magnetic material manufacturers, and they have more bargaining power in the process of ups and downs than ever before. From the perspective of demand, weak downturns will still dominate next week, but there is also a probability of stabilization, after all, procurement in the middle and lower reaches will mostly remain calm. (Ruidow Rare Earth Information)

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

2024年03月15日

March 15^th, 2024