一、挂牌价

1、南方稀土集团挂牌价

表一 中国南方稀土2021年中重稀土氧化物挂牌价

数据来源：南方稀土

2、北方稀土集团挂牌价

表二 中国北方稀土高科技术股份有限公司2021年每月挂牌价格

数据来源：北方稀土

二、稀土市场

1.中国稀土市场评述

本周稀土市场主流产品偏弱震荡，厂家报价较少出货犹豫，下游刚需采购整体询盘活跃度较低，市场成交未及预期，上下游显观望，僵持依旧。

2.市场报价

表三 2021年4月12日-4月16日主流稀土产品报价（万元/吨）

数据来源：我的有色

1. 市场成交

表四 2021年4月12日-4月16日主流稀土产品成交情况

数据来源：我的有色

三、市场分析

轻稀土方面：

本周稀土市场镨钕价格走势偏弱，上游分离厂报货较少，主动报价意愿不强观望为主，贸易商少量货源变现报出，金属厂采购犹豫，询低对锁少量采购，成交不多，镨钕金属报价对应下调，磁材询盘活跃度较低，降库观望，压价意愿尚存，成交有待观望。截至本周五，氧化镨钕主要报56.2-56.5万元/吨，分离厂家出货积极性一般，主要交付前期订单为主，主要成交56.0-56.5万元/吨，56.5万元/吨及以上成交承压，金属厂56.0万元/吨以内询低活跃，货源报出有限。镨钕金属方面，金属大厂报价不多，月结大厂主要报价69.8-70.3万元/吨，主要成交69.5-70.2万元/吨，70.2万元/吨及以上成交承压，现款现货主要报69.0-69.5万元/吨，主要成交69.0-69.3万元/吨，69.0万元/吨以内个别成交，磁材整体成交不多观望为主。综合来看：本周氧化镨钕价格走势偏弱运行，分离厂现货报出谨慎犹豫，随着行情持续走弱，部分持货商让价出货意愿有所增加，金属厂少量刚需采购，磁材询盘活跃度一般，市场成交偏淡，博弈局面尚存，预计镨钕价格短期内弱稳震荡为主。

The price trend of praseodymium and neodymium in the rare earth market this week was weak, the upstream separation plants reported less goods, and the willingness to actively offer was not strong. Wait-and-see mainly. Traders realized a small amount of goods and reported them. Metal factories hesitated to purchase. However, the price of praseodymium and neodymium metal has been lowered correspondingly, and the activity of magnetic material inquiries is low. The willingness to lower the price still exists, and the transaction has to be waited and seen. As of this Friday, the price of praseodymium oxide and neodymium oxide was mainly 562-565 million yuan/ton. The separation manufacturers were generally motivated to deliver and mainly delivered early orders. The main transactions were 560-565 million yuan/ton and 565,000 yuan/ton and above. Under pressure, the metal factory is actively inquiring less than RMB 560000/ton, and the supply of goods is limited. Regarding praseodymium and neodymium metals, major metal manufacturers offer few prices. The monthly prices of major manufacturers are mainly from 698,000 to 703,000 yuan/ton, the main transaction is between 695,000 and 702,000 yuan/ton, and the transactions of 702,000 yuan/ton and above are under pressure. The cash spot is mainly It was reported at 690-695,000 yuan/ton, the main transaction was 690-693,000 yuan/ton, and individual transactions within 690,000 yuan/ton. The overall transaction of magnetic materials was not much and the main thing was to wait and see. On the whole: the price trend of praseodymium oxide and neodymium oxide was weak this week, and the spot report of the separation plant was cautious and hesitant. As the market continues to weaken, some holders have increased willingness to make price shipments, and metal factories just need to purchase a small amount of magnets. The material inquiry activity is average, the market transaction is weak, and the game situation still exists. It is expected that the price of neodymium praseodymium will mainly be weak, stable and fluctuating in the short term.

图一 2021.4.12-4.16氧化镨钕均价走势图

数据来源：我的有色

图二 2021.4.12-4.16镨钕金属均价走势图

数据来源：我的有色

中重稀土方面：

本周中重稀土主要产品整体价格偏弱运行，市场成交偏少，价格持续下探，分离企业氧化物报价较少观望居多，贸易商回笼资金变现，少量散货报出，金属厂对锁刚需采购，金属产品报价较乱，下游磁材询盘活跃度偏淡，整体成交有待观望。截至周五，氧化镝成交区间296-300万元/吨，300万元/吨及以上含承兑极个别成交，金属厂采购意愿不高；镝铁报价偏弱调整，293-298万元/吨少量成交，现款294及以上成交承压，成交量较少；氧化铽中间商报货为主，贸易商散货900万元/吨以内变现成交暂缺乏市场代表性，分离厂家报价坚挺910-920，集团谨慎观望为主，金属厂金属铽报价1130-1140万元/吨偏弱，成交1130-1140万元/吨，1120万元/吨及以内极个别成交，磁材采购意愿不高，整体成交偏少；氧化钆询盘活跃度较低，21.5-21.8万元/吨少量成交，金属厂21.5万元/吨以内询低较活跃，钆铁一次现款对应报价21.5-21.6万元/吨，磁材刚需采购观望居多，市场成交较少；氧化钬询盘活跃度一般，分离厂报货较少，现款成交91.0-92.0万元/吨，金属厂钬铁报价谨慎较少，一次现款对应报91.0万元/吨，成交较少。预计短期中重稀土主要产品仍将弱稳震荡为主。

In this week, the overall price of the main products of heavy rare earths was weak, the market transactions were small, and the prices continued to drop. The oxide quotations of separation companies were mostly wait-and-see. Traders returned funds to cash out, and a small amount of bulk cargo was reported. Metal factories just needed to purchase locks. The quotations of metal products are chaotic, and the activity of downstream magnetic materials inquiries is weak, and the overall transaction remains to be seen. As of Friday, the transaction range of dysprosium oxide was 2.96-3 million yuan/ton, and very few transactions were made at 3 million yuan/ton and above including acceptance. The willingness of metal factories to purchase is not high; the price of dysprosium oxide was weakly adjusted, 2.93-2.98 million yuan/ton A small number of transactions, cash transactions of 294 and above are under pressure, and the transaction volume is small; terbium oxide intermediaries mainly report goods, and traders who realize bulk cargo within 9 million yuan/ton are temporarily lacking market representativeness, and the quotations of separate manufacturers are strong 910-920 The group is cautious and wait-and-see. The price of metal terbium from the metal factory is 1.311.4 million yuan/ton. The transaction price is 1.311.4 million yuan/ton, and the transaction is within 11.2 million yuan/ton. The willingness to purchase magnetic materials is not high. The transaction is too small; the activity of gadolinium oxide inquiries is low, with a small transaction of 215,000 to 218,000 yuan/ton, and the metal factory is more active when inquiring less than 215,000 yuan/ton. The one-time cash price of gadolinium iron corresponds to the quotation of 215,000 to 216,000 yuan/ton. Most of the magnetic materials just need to be purchased on the sidelines, and the market transactions are relatively small; the holmium oxide inquiries are generally active, and the separation plant offers less goods. The cash transaction is 910-92.0 million yuan/ton. The holmium iron quotation of the metal factory is less cautious, and the cash is reported for one time. 0.910 million yuan/ton, the transaction is relatively small. It is expected that the main products of medium and heavy rare earths in the short term will remain weak, stable and volatile.

图三 2021.4.12-4.16氧化镝均价走势图

数据来源：我的有色

图四 2021.4.12-4.16镝铁合金均价走势图

数据来源：我的有色

图五 2021.4.12-4.16氧化铽均价走势图

数据来源：我的有色

图六 2021.4.12-4.16金属铽均价走势图

数据来源：我的有色

市场总结：

现阶段上下游介处于观望状态，上游厂家报价出货偏谨慎，受市场情绪影响贸易商部分散货报出变现，市场整体询盘活跃度偏淡成交偏少，主流产品价格缺乏成交量支撑，走势偏弱。短期来看没有其他利好消息出现，成交才可巩固价格以致逐渐走稳，而当前磁材大部分期货交付为前期签订，新增订单未及预期，终端订单释放需要时间从下到上传导，预计主要产品短期弱稳运行为主。

    At this stage, upstream and downstream agencies are in a wait-and-see state. The upstream manufacturers’ quotations and shipments are cautious. Affected by market sentiment, some of the bulk cargoes reported by traders are realizing. The overall market enquiry activity is weak and transactions are small. The prices of mainstream products lack the support of transaction volume. The trend is weak. In the short term, there is no other good news to appear, and the transaction can consolidate the price and gradually stabilize. At present, most of the futures delivery of magnetic materials is signed in the early stage. New orders are not as expected. The release of terminal orders will take time to pass from bottom to top. The main products are mainly in short-term weak and stable operation.

数据来源：我的有色