澳門人威尼斯3966(中國)有限公司

JL MAG Rare-Earth Industry Price Briefing 10-28~11-01

Week 44，2024

1. 重要新聞簡報Briefing of Important News

本週稀土市場行情，镨钕、金屬钕、金屬铽和镝鐵合金價格出現小幅上漲。亞洲金屬網週末價格: 镨钕金屬價格521-524元/KG；金屬钕價格523-528元/KG；镝鐵合金價格1700-1720元/KG；金屬铽價格7350-7450元/KG。

This week, the price of PrNd, Nd metal, Tb metal and DyFe alloy all has slightly increased. Weekend prices on Asia Metals: PrNd metal 521-524 RMB/KG; Nd metal 523-528 RMB/KG; DyFe alloy 1700-1720 RMB/KG; Tb metal 7350-7450 RMB/KG.

2. 業内人士分析Analysis of Professional Insiders

本週（10.28-11.1日，下同）稀土市場波動環比收窄，無論是輕稀土還是重稀土其分化走勢略有緩和，盡管市場成交熱度仍舊不高，且金屬相對氧化物倒挂依舊存在。

This week, (Oct.28th-Nov.1st, the same below) rare earth market fluctuations contracted compared to last week. Whether it is LRE or HRE, their differentiation trend has slightly eased, although the market transaction heat is still low, and the metal relative oxide inversion still exists.

镨钕産品延續了上週的平穩走勢，從週初的情緒上湧，到週中的回穩，在相對冷清的成交量及窄幅震蕩的成交重心下，其訂單及資金壓力略有加重，盡管上遊企業下調速度放慢，但貿易企業的競價依舊存在，市場主動權依舊掌握在買方手中，價格博弈一個月以來，靠着大企護盤的市場變的格外敏感。

PrNd products followed the steady direction with last week: from the upswing at the beginning of the week to the stabilization in the middle of the week. Under the relatively quiet trading volume and narrow fluctuation of the trading center, the pressure on orders and funds has slightly increased. Despite upstream enterprises downward adjustment slowed down, the bidding of trading enterprises still exists, and the market initiative is still in the hands of buyers. In the price game for a month, the market relying on the protection of large enterprises has become particularly sensitive.

從宏觀面來看，美國大選即将落下帷幕，11月美聯儲繼續降息的概率依舊很大，本週六部門提出加快沙漠、戈壁、荒漠地區爲重點的大型風電光伏基地建設，及新能源三季度業績表現依舊強勁。

From a macro point of view, the U.S. election is coming to an end, the probability of the Federal Reserve continuing to cut interest rates in November is still high. This Saturday, the department proposed to accelerate the construction of large-scale wind power and photovoltaic bases with a focus on desert, Gobi, and desert areas, and the performance of new energy in Q3 still remains strong.

來看稀土市場：1.需求層面正緩慢改善，下遊磁材接單及原料備采（春節前常規備貨）将陸續到來。2.北方稀土微漲的挂牌價給出穩價的态度很明确。3.年終臨近，大企業的操作，也是影響市場價格的一個因素，最起碼保穩的概率會大。4.不同於其他有色金屬，稀土受政策及情緒面影響極大，在大企及市場共同作用下，後期雖有可能在極短的时間内有回調的可能，但在多方的推動下，穩漲的概率也存在，幅度可能較窄。（瑞道稀土資訊）

Look at the rare earth market:

1. The demand level is slowly improving, and downstream magnetic material orders and raw material procurement (regular stocking before CNY) will gradually arrive

2. China Northern Rare Earth Group slightly rised list price gives a very clear attitude to stabilize the price.

3. As the end of the year approaches, the operations of large enterprises are also a factor affecting market prices, and at least the probability of stability will be high..

4. Unlike other non-ferrous metals, rare earths are greatly affected by policies and emotions. With the combined action of large enterprises and the market, although there may be a possibility of a pullback in the short term in the later stage, the probability of stable growth also exists under the promotion of multiple parties, and the amplitude may be relatively narrow. (Ruidao rare earth information)

北方稀土高科技股份有限公司發布2024年11月稀土産品挂牌價格

Listing Price of Rare Earth Products from CNRE of November 2024

單位：元/噸（出廠含稅價）

Unit: RMB/T (ex-work price including tax) 

 3.趨勢圖（參考亞洲金屬網）Tendency Chart (refer to Asian Metal) 

2024年11月04日

November 04^th, 2024

提示：以上信息僅供參考！

Notes: the information above is for reference only!