On November 26, Gelong Exchange, rare earth stocks rose collectively, Guangsheng Nonferrous and Yinglohua rose by the daily limit, Shenghe Resources rose by more than 8 percent, and Baotou Steel, China Science and Technology third Ring Road, China Color, Northern rare earths and Shengxin Lithium could rise by more than 4 percent. According to the monitoring of the business society, the domestic rare earth market price index continues to rise, the domestic praseodymium-neodymium rare earth market has risen sharply recently, and the direct price of the heavy rare earth market remains high.
The trend of products in the domestic rare earth market is rising, on the one hand, due to favorable policies and tight supply of thermal coal in winter. Recently, the Ministry of Industry and Information Technology issued a "Motor Energy efficiency improvement Plan" to encourage the development of energy-saving rare earth motors to replace traditional industrial motors and respond to the call for energy conservation and emission reduction. The bullish mood on the floor is strong, most of the merchants do not quote, and the prices continue to rise. On the other hand, there is little structural change in supply and demand, the demand for high-end magnetic materials is normal, the NdFeB permeability of frequency conversion air conditioners in domestic household appliances continues to increase, and the demand side has increased. Coupled with the substantial increase in demand for permanent magnets, the rapid development of the new energy industry has led to the development of many industries, and the upstream material rare earth permanent magnets have also caught the "express train". Sales of new energy vehicles are normal, demand for rare earths is high, and prices of rare earth oxides have risen sharply.
The trend of products in the domestic rare earth market is rising, on the one hand, due to favorable policies and tight supply of thermal coal in winter. Recently, the Ministry of Industry and Information Technology issued a "Motor Energy efficiency improvement Plan" to encourage the development of energy-saving rare earth motors to replace traditional industrial motors and respond to the call for energy conservation and emission reduction. The bullish mood on the floor is strong, most of the merchants do not quote, and the prices continue to rise. On the other hand, there is little structural change in supply and demand, the demand for high-end magnetic materials is normal, the NdFeB permeability of frequency conversion air conditioners in domestic household appliances continues to increase, and the demand side has increased. Coupled with the substantial increase in demand for permanent magnets, the rapid development of the new energy industry has led to the development of many industries, and the upstream material rare earth permanent magnets have also caught the "express train". Sales of new energy vehicles are normal, demand for rare earths is high, and prices of rare earth oxides have risen sharply.