as电玩

JL MAG Rare-earth Industry Price Briefing 2412（Issue No.504）04-08~04-12

Week 14，2024

1.    重要新闻简报Briefing of Important News

1.1本周稀土市场行情，镨钕、金属钕、金属铽和镝铁合金价格均上涨。亚洲金属网周末价格: 镨钕金属价格465-475元/KG；金属钕价格458-468元/KG；镝铁合金价格1890-1910元/KG；金属铽价格7400-7600元/KG。

This week, the prices of PrNd, Nd metal, Tb and DyFe all rose. Prices from Asian Metal at the end of this weekend presented: PrNd metal 465-475 RMB/KG; Nd metal 458-468 RMB/KG; DyFe alloy 1,890-1,910 RMB/KG; Tb metal 7,400-7,600 RMB/KG.

1.2 2024年4月8日，尼得科车载“凝心聚力，携手共进”2023年度供应商表彰大会在浙江平湖召开。as电玩永磁以可靠的产品质量、领先的开发能力、稳定的产品交付以及优质的服务荣获“卓越合作伙伴奖”。

On 8th April 2024, the 2023 Annual Supplier Commendation Conference of NIDEK Vehicle "Uniting Heart and Strength Together" was held in Pinghu, Zhejiang Province. JLMAG won the "Excellent Partner Award" for its reliable product quality, leading development capabilities, stable product delivery and excellent service.

2.    业内人士分析Analysis of Professional Insiders

反复涨跌，空间缩窄，不断拉涨是近期稀土市场的主要特点。本周（4.7-12日）轻重稀土延续此特点，反复波动，拉涨回调再企涨。

Repeated ups and downs, space narrowing, and constantly pulling up are the main characteristics of the recent rare earth market. This week (4.7-12 days), heavy and heavy rare earths continued these characteristic, repeated fluctuations, pulling up and then rising.

金属企业处于进退两难的地步，分离企业出于成本和较高的整合度联合上涨，而金属仍然面临着磁材客户的压价和部分同行的低价竞争。本周金属报价及成本虽有上涨，但相对氧化物依旧存在滞后，金属企业只能勉强保证对应成本出货，报价犹豫且现货紧张，加之，下游采购在本周并无集中爆发，导致实质的金属成交活跃度并不大。

Metal companies are in a dilemma, separated companies due to the cost and higher integration of the joint rise, while metal is still facing the price of magnetic customers and some of the low-price competition. Although metal prices and costs have risen this week, there is still a lag in relative oxides, metal companies can only barely ensure the corresponding cost of shipment, the price is hesitant and the spot is tight. In addition, downstream procurement did not experience a concentrated outbreak this week, resulting in low actual metal transaction activity.

镨钕价格受供给收缩及游资进入预期拉涨，涨速或有可能会继续加大至企稳，来自金属端的压力传导与磁材端克制采购或有可能阻碍实质高价成交的可能，但各大厂家基于现货高价及现有库存考虑，企稳盼望较强烈，短期内镨钕虚涨需等待实单进场，回调幅度或可能不大；重稀土方面虽处高位，但消息面的影响，已经忽略了风险层面，且货源相对集中受控，短期内走势或以向上为主。（瑞道稀土资讯）

The price of PrNd is expected to rise due to supply contraction and hot money entering, and the rate of increase may continue to increase until it stabilizes. The pressure transmission from the metal end and the restraint of procurement from the magnetic end may hinder the possibility of substantial high price transactions. However, major manufacturers have a strong hope for stabilization based on high spot prices and existing inventory considerations. In the short term, PrNd inflation needs to wait for real orders to enter the market, and the correction may not be significant. Although the heavy rare earth sector is at a high level, the impact of the news has ignored the risk level, and the supply of goods is relatively concentrated and controlled. The trend may be mainly upward in the short term. (Ruidao Rare Earth Information)

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

2024年04月12日

April 12^th, 2024