Myanmar mining area may resume production this week, will rare earth prices fluctuate? Industry insiders: It's difficult for Q4 praseodymium neodymium oxide to exceed 450,000 yuan/ton. | Industry News
① Currently, ceasefire negotiations have taken place in Myanmar's rare earth mining areas, with a rapid resumption of production expected this week, but full production may have to wait until a complete ceasefire; ② Industry insiders believe that if Myanmar mines continue to suspend production, the domestic impact will be minor as there is a sufficient inventory of ion ore in the country, and the prices of medium and heavy rare earths are relatively stable; ③ It is reported that the supply of medium and heavy rare earths in the domestic market exceeds demand, and the consumption levels in both upstream and downstream are low, leading to inventory buildup and making it difficult for prices to rise significantly.
"Buy more as it falls!" Traders take advantage of the price drop to stock up, and the nickel industry may enter a phase of bottoming out | New cycle of csi commodity equity index
1. Some traders have indicated that the nickel price has already dropped to the psychological bottom range, and they are beginning to stock up on low stock price; 2. Currently, high-cost nickel production capacity is gradually being cleared out globally; 3. The future nickel price has limited downside potential, and may experience a phase of bottoming out.
Short-term sentiment picked up after hitting a freezing point, and the market may still rotate repeatedly around the following three hot spots in the future
Track the entire life cycle of the main sector
Behind the record high production and sales volume, Jinli Permanent Magnet's revenue and net profit have plummeted for the first time since listing, and several projects are about to be put into operation this year|Annual Report Interpretation
① Jinli Permanent Magnet's performance has maintained rapid growth since its launch in 2018. Last year, the company's revenue and net profit both declined for the first time; ② The company's revenue in the NEV and auto parts sector reached 3.303 billion yuan in 2023, with a global market share of about 28.49%; ③ Last year, the company's total output and total sales of high-performance rare earth permanent magnet materials reached the highest level in the same period in history, but the increase in production did not increase profits.
The battery material metal has fallen by more than 60% Goldman Sachs expects that the current price has not bottomed out
Financial Services Association, March 5 (Editor: Zhao Hao) Goldman Sachs Group, the top international investment bank, believes that it is still too early to assert that “the sharp decline in the price of battery metal raw materials is over,” and warns that huge supply and headwinds in the Western electric vehicle industry will keep their prices low for a longer period of time.
The cost of cobalt is hovering around the mine end and production capacity is beginning to appear. Has the Democratic Republic of the Congo (DRC) moved to restrict exports? |Industry Watch
Financial Services Association, Feb. 24 (Reporter Liang Xiangcai) Cobalt prices have lagged behind in the past four years, showing a rare “flat” trend. To a certain extent, this also reflects the results of the current internal game in the industrial chain.