澳门人威尼斯3966(中国)有限公司

JL MAG Rare-earth Industry Price Briefing 2439（Issue No.531）11-18~11-22

Week 47，2024

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下跌。亚洲金属网周末价格: 镨钕金属价格505-508元/KG；金属钕价格508-513元/KG；镝铁合金价格1630-1650元/KG；金属铽价格7180-7280元/KG。

This week, the rare earth market, the prices of PrNd metal, Nd metal, Tb metal and DyFe alloy have all fallen slightly. Asian Metal at this weekend presented: PrNd metal 505-508RMB/KG; Nd metal 508-513RMB/KG; DyFe alloy 1630-1650RMB/KG; Tb metal 7180-7280RMB/KG.

2.     业内人士分析Analysis of Professional Insiders

本周（11.18-22日）稀土市场呈现了一场由情绪引发的急下到大厂回稳的行情。在多方消息揉杂下，周前期市场经历了趋弱僵持到周中价格恐慌般跳水到周末信心不断修复。

This week (18^th-22^nd Nov), the rare earth market presented a market trend triggered by emotions, with a sudden decline followed by a stabilization of large factories. Amidst mixed news from multiple sources, the market experienced a weakening stalemate in the early weeks, followed by a price panic like plunge in the middle of the week, and confidence continued to recover over the weekend.

市场分析：周五镨钕系氧化物产品出现明显上扬仍由主流大厂引导，虽然供需支撑无较强信号但业内抓住月底下游常规备货及下月北方挂牌价的影响，的确缓解了成交和价格下行的窘境，但就金属市场及下游磁材需求来看，上行空间未必亮眼，下游磁材采购压价力度不减，短期内上扬单方面有支撑但长期或显不足。上游与下游的博弈未见和解，磁材招标信息贴近市价，大厂承单积极性不佳，而僵持或有可能继续，下游承压向上传导，上游稳价压力依旧，涨幅空间或有限。（瑞道稀土资讯）

Market analysis: On Friday, there was a significant increase in PrNd oxide products, which was still guided by mainstream manufacturers. Although there was no strong signal of supply and demand support, the industry seized the impact of downstream regular stocking at the end of the month and the northern listing price next month, which did alleviate the dilemma of transaction and price decline. However, in terms of the metal market and downstream magnetic material demand, the upward space may not be bright, and downstream magnetic material procurement pressure will not decrease. In the short term, there is unilateral support for the upward trend, but it may be insufficient in the long term. The game between upstream and downstream has not been resolved. The bidding information of magnetic materials is close to the market price. The enthusiasm of large manufacturers to accept orders is not good, and the stalemate may continue. The pressure on the downstream is transmitted upward, and the pressure on the upstream to stabilize prices remains, and the room for increase may be limited. (Ruidao Rare Earth Information)

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

2024年11月27日

November 27^th, 2024