1, Briefing of Important News

This week, prices of PrNd, Nd metal, and Tb have a slight rise, while the price of DyFe was relatively stable. Prices from Asian Metal at the end of this weekend presented: PrNd metal 773-778 RMB/KG (appr. USD120-121/KG), Nd metal 780-785 RMB/KG, DyFe alloy 2,680-2,700 RMB/KG, and Tb metal 10,800-10,850/KG.

2. Analysis of Professional Insiders
Rare earth market fluctuations has narrowed this week, in the beginning of this week, it even shows a fear of heights and weak in trend. And of course, no matter it is light rare earth such as PrNd or heavy rare earth Dy and Tb, the trend is start to moderate and the market transaction heat start to cooling. Compare to the oxide, metal is still exist a certain kind of upside down. Overall, the rare earth prices have reached the peak within five years, the market has faced the challenge and pressure at the same time.

In the short term, the speed of the rise of PrNd might be slowed down, and under the cost pressure, it will maintain the trend to be relatively stable, as the current PrNd price is closed to the historical peak, the risk will also increase. Under the tightening of mine, the motivation for price increases of Dysprosium & terbium and gadolinium & holmium is still exist, but generally the industry is relatively rational about the future expectations. The trend in the short term will not be too fast or flatten out, however, the current price and emotions may be growing over time, and the rare earth prices may be tempted to go either ways. （Ruidow Rare Earth Info)

Listing Price of Rare Earth Oxides on August 2nd from China Southern Rare Earth
单位：万元/吨（出厂含税价）
Unit: 10 thousand RMB/ ton (EXW price incl. tax)