Since August, the domestic rare earth market has stopped falling and recovered. Since late June, the domestic rare earth market has witnessed a sharp decline. However, the price of rare earth market has turned a corner in August. According to the rare earth plate index of business associations, the rare earth index was 371 points on August 5, and the market of rare earth has recovered recently.

Since August, the domestic rare earth market has stopped declining and warmed up, the heavy rare earth dysprosium and terbium system has shown signs of rising, Myanmar has restricted the export of rare earth, the domestic supply pattern of heavy rare earth market has not changed, the domestic supply is still tense, the affected price has risen slightly, the recent price increase is about 4%, recent domestic policy benefits Fortunately, it is still fermenting, bringing some good expectations for the domestic heavy rare earth market.

Recently, the price of rare earth has rebounded. The price of praseodymium and neodymium products has risen by about 4.5%. The price of neodymium oxide and neodymium oxide has taken the lead in rising. However, the downstream demand for light rare earth has not improved significantly. A small number of downstream merchants replenish their products on demand. The actual transaction price is still at a low level, and the on-site wait-and-see mood is strong. 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 strict environmental protection inspection, manufacturers control sales reasonably, but in the near future, they are greatly affected by external environment. They mainly benefit from the active distribution of new energy fields by mainstream automobile factories at home and abroad. The increasing number of new energy vehicles has brought some favorable support to the rare earth market. The price of domestic rare earth market is rising, but in the near future, the prices of domestic rare earth market are rising. Large conglomerates are also cautious about pricing their products.

Recently, the State Environmental Protection Department has not reduced its stringent inspection efforts, which has a greater impact on the rare earth industry. The rare earth industry has a low start-up situation, and the market trend is general. At the press conference held by the NDRC on the macroeconomic operation in the early stage, Meng Wei, spokesman of the NDRC, answered reporters’questions on rare earth, and said that on the basis of in-depth investigation and scientific demonstration, relevant policies and measures would be put forward to give full play to the special value of rare earth as a strategic resource. Due to the increasingly obvious regulatory effect, the supply of raw ore resources in the upstream of the rare earth industry has shrunk, and people in the domestic market are waiting for the good news of the policy and the national reserve.

Rare earth analysts from business associations expect that the domestic environmental protection inspection will not decrease in the near future, and the domestic order of the rare earth industry will be rectified. In August, domestic and foreign demand will improve, and the domestic rare earth market is expected to continue to rise in the short term.