One day a price of NdFeB rare earth industry "dumbfounding

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One day a price of NdFeB rare earth industry "dumbfounding

RE prices soared, triggering a sharp reaction of the downstream industry NdFeB.

"We usually up to 20 days can be delivered, but delivery of orders have been routed in July." April 25, Ganzhou, pad lock Jiangxi, a rare earth permanent magnet company source said.

I understand that the way the line of rare earth prices, although for NdFeB processing enterprises had to cut production due to cost pressures, loss of some foreign orders, but the domestic downstream manufacturers recently based on the "do not buy or buy up" to increase the purchase order to judge , let NdFeB companies stand to benefit.

However,gun lock prices of rare earth NdFeB risks of long-term development industry, has raised concern the industry. Shanxi Jin Shusen magnetic Union president, said, "If RE prices go up blindly, will reshuffle the NdFeB industry faces."

Inside and outside the "two different worlds."

"As the price of materials rose every day, today's quote could not buy tomorrow, more and more buyers decided to hand." Company sources said the Ganzhou.

"Who would have thought years ago that prices will rise? Say there is no way the general reserves of raw materials, the amount of one year, the performance of NdFeB better than others, production enterprises, especially cable lock our magnets listed companies, not the procurement is not enough." RE enterprises purchase the South responsible for a large person.

I found passion behind the procurement of NdFeB is rare earth soaring prices led to downstream firms and traders "to buy up not to buy or" psychological effect.

Data show that cerium oxide highest price in 2007 less than 20,000 yuan / ton, the end of March this year, has risen to 115,000 yuan / ton; oxide, praseodymium prices by the end of March this year, in 2007, about 2.2 times the highest price; neodymium oxide at the end of March the price of 63 yuan / ton, the highest point in 2007 to 2.4 times.

NdFeB domestic market, "prosperity" compared to the foreign market has suffered poor. "Foreign order is a quarter the shortest possible time, usually six months or more. As material prices rose too fast, can not purchase foreign orders." Jinshu Sen said that material prices twice a month, a quarter of the change is even greater, so the foreign orders reduced.

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