On February 26, the rare earth index was 345 points, unchanged from yesterday, down 65.50% from the cyclical peak of 1000 points (2011-12-06), and up 27.31% from the lowest point of 271 on September 13, 2015. (Note: Period refers to 2011-12-01 to date).

The average price of Neodymium in rare earth metals is 390,000 yuan per ton, dysprosium metal is 1655,000 yuan per ton and praseodymium metal is 660,000 yuan per ton. The average price of praseodymium and neodymium oxide in rare earth oxides is 306,500 yuan/ton; dysprosium oxide is 1.26 million yuan/ton; praseodymium oxide is 397,500 yuan/ton; and neodymium oxide is 307,000 yuan/ton. The price of praseodymium and neodymium alloys in rare earth alloys is 392.5 million yuan per ton, and the average price of dysprosium and iron alloys is 1.24 million yuan per ton.

Recently, rare earth enterprises have just started construction, resulting in a cold trade in the large domestic rare earth market. Most commodity prices in the rare earth market are stable. Businessmen have increased their inquiries for dysprosium oxide and other products. The prices of dysprosium oxide and dysprosium ferroalloy have risen. However, the prices of Pd and Neodymium series products are poor and low. The price fluctuation of rare earth market is related to environmental protection supervision in the whole country. Rare earth production has its particularity, especially the radiation hazard of some products, which makes environmental protection supervision stricter. Under stringent environmental protection, rare earth separation enterprises in many provinces have stopped production, resulting in a decline in the market of rare earth oxides, making the price of rare earth products firm. Especially for some mainstream rare earth oxides, the supply performance is tight, the price trend of some commodities in the rare earth market is stable, the willingness of large enterprise groups to limit production in the near future, the market of rare earth has improved, but for the pricing of products, major manufacturers are cautious to wait and see. Recent rare earth export market is general, resulting in normal import volume, but due to limited turnover, because rare earth has been at a low level for a long time.

Recently, the State Environmental Protection Department began to check strictly, which has a great impact on the rare earth industry. The rare earth industry has a low start and the market is cold. Prior to this, six departments of Jiangxi Province, a major producer of rare earth, jointly issued a special action document on cracking down on rare earth blacks, and conducted special supervision from September 2018 to January 2019. Due to the increasingly obvious regulatory effect, the supply of raw ore resources in the upstream of the rare earth industry has shrunk, and the trading market of the rare earth industry has been cold.

Rare earth analysts of business associations expect that the recent domestic environmental stringent inspection efforts will not decrease, coupled with domestic restructuring of the order of the inhalation industry, will have a certain positive impact on the rare earth industry, but the rare earth industry turnover is cold, and the price of the rare earth market is expected to remain volatile in the later period.