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2020-2021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整体报价较少，氧化物整体报价走弱，镨钕氧化物报出不多，分离厂惜售观望，贸易商低价报货为主；中重稀土镝铽钆钬价格继续偏弱运行，金属报价对应但成交不多，磁材对锁刚需采购观望为主。

This week, the overall quotation of mainstream products in the rare earth market is relatively small, and the overall quotation of oxides has weakened. There are not many praseodymium and neodymium oxides. Separation plants are reluctant to sell and wait and see. Traders mainly offer low prices; medium and heavy rare earth dysprosium, terbium, gadolinium and holmium prices continue Weak operation, metal quotations corresponded but not many transactions, magnetic materials just need to purchase locks and wait and see.

2、市场报价

表三 2021年4月19日-4月23日主流稀土产品报价（万元/吨）

数据来源：我的有色

3、市场成交

表四 2021年4月19日-4月23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持续偏弱走势，市场询盘成交偏淡，上游分离厂现货较少，主动报价意愿不高观望为主，贸易商少量货源变现报出成交，金属厂采购较犹豫，询低对锁为主，镨钕金属报价对应氧化物下调，磁材询盘活跃度较低，仍降库观望，压价意愿明显，成交有待观望。截至本周五，氧化镨钕主要报55.0-55.2万元/吨，主要成交54.8-55.2万元/吨，55.0万元/吨及以上成交承压，金属厂54.5万元/吨以内询低较活跃，货源难询。镨钕金属方面，金属大厂报价犹豫，月结大厂主要报价67.8-68.0万元/吨，主要成交67.5-67.8万元/吨，67.8万元/吨及以上成交承压，现款现货主要报66.8-67.0万元/吨，主要成交66.5-66.8万元/吨，66.5万元/吨以内极个别成交，磁材整体询盘较少观望为主。综合来看：镨钕氧化物个别金属厂少量采购，氧化物低价货源有限，磁材询盘较少成交偏少，僵持依旧，镨钕价格仍需成交引导，预计镨钕价格短期震荡偏弱为主。

This week, the price of praseodymium and neodymium in the rare earth market continued to weaken, the market inquiries were weak, the upstream separation plant had less spot, and the willingness to actively quote was not high. The main reason was that traders reported a deal with a small amount of supply, and the metal factory was hesitant to purchase. Inquiries are mainly for locks, and the quotation of neodymium praseodymium metal is lowered in response to oxides. Inquiry activity for magnetic materials is low. The warehouse is still lowered and the willingness to lower prices is obvious. The transaction is yet to be seen. As of this Friday, praseodymium oxide and neodymium oxide were mainly quoted at RMB 5.5-552 million per ton, the main transaction was RMB 548-552,000 per ton, and transactions of RMB 550 thousand per ton and above were under pressure. Metal factories inquired less than RMB 545,000 per ton. Active, difficult to find the source of goods. Regarding praseodymium and neodymium metals, major metal manufacturers are hesitant to offer prices. The monthly prices are mainly quoted at 67.8-68.0 million yuan/ton, the main transaction is 675,000-67.8 million yuan/ton, the transaction of 678,000 yuan/ton and above is under pressure, and the cash spot mainly quotes 668,000-670,000 yuan/ton, the main transaction was 665-668,000 yuan/ton, very few transactions within 665,000 yuan/ton, the overall inquiries for magnetic materials were less wait-and-see. On the whole: some metal factories purchase a small amount of neodymium praseodymium oxide, and the supply of low-priced oxides is limited. There are fewer inquiries for magnetic materials and fewer transactions. The deadlock remains. The price of neodymium praseodymium still needs transaction guidance. It is expected that the price of neodymium praseodymium will fluctuate weakly in the short term. Mainly.

图一 2021年3月23日-4月23日氧化镨钕均价走势

数据来源：我的有色

图二 2021年3月23日-4月23日镨钕金属均价走势

数据来源：我的有色

中重稀土方面：

本周中重稀土主要产品市场整体报价偏弱，分离厂报价较少观望居多，贸易商少量货源低价变现，金属厂采购意愿低，刚需对锁，金属产品报价对应下调，下游磁材询盘活跃度较低，整体成交较少。截至本周五，氧化镝成交区间280-283万元/吨，283万元/吨及以上成交承压，金属厂采购意愿较低；镝铁报价偏弱，278-280万元/吨个别成交，现款278万元/吨及以上成交承压；氧化铽中间商报货为主，840万元/吨或以内贸易商少量变现，分离厂家报价坚挺850-860万元/吨，集团谨慎观望为主，金属厂金属铽主动报价意愿不高，1060-1080万元/吨个别成交，磁材询低刚需采购为主；氧化钆询盘活跃度较低，20.0-20.5万元/吨少量成交，金属厂20.0万元/吨及以内询低为主，钆铁一次现款对应调整，20.0-20.2万元/吨少量成交，磁材刚需采购居多；氧化钬询盘活跃度低，分离厂报货犹豫，中间商少量变现，现款成交83.0-84.0万元/吨，金属厂钬铁报价谨慎，一次现款对应报84.0万元/吨左右，整体成交较少。

In this week, the overall quotation of the main products of heavy rare earths in the market was weak. The quotations of separation plants were relatively low. Traders realized a small amount of supply at low prices. The willingness of metal plants to purchase was low. The quotations of metal products were just needed to lock. The quotations of metal products were correspondingly lowered. Lower, the overall transaction is less. As of this Friday, the transaction range of dysprosium oxide was 2.8-2.88 million yuan/ton, and transactions of 2.83 million yuan/ton and above were under pressure, and the willingness of metal factories to purchase was low; the quotation of dysprosium iron was weak, with individual transactions of 2.78-2.8 million yuan/ton. , Cash transactions of 2.78 million yuan/ton and above are under pressure; terbium oxide brokers mainly provide goods, and traders within 8.4 million yuan/ton or less realize a small amount of cash. The separate manufacturers’ quotations are firm 8.5-8.6 million yuan/ton. The group is cautious and wait and see Mainly, the willingness of the metal factory to actively quote the metal terbium is not high, and the individual transactions are 10.6-10.80 million yuan/ton, and the magnetic material inquiries are low and just need to be purchased; the activity of gadolinium oxide inquiries is relatively low, with a small transaction of 20-200.5 million yuan/ton. Metal factory 200,000 yuan / ton and lower inquiries are the main ones, gadolinium iron one-time cash adjustment correspondingly, a small transaction of 20-20200 yuan / ton, the majority of magnetic materials just need to be purchased; holmium oxide inquiry activity is low, and the separation factory is hesitant to submit goods , The intermediary realized a small amount of cash, and the cash transaction was 830-84.0 million yuan/ton. The holmium iron quotation of the metal factory was cautious, and the one-time cash corresponding to about 840000 yuan/ton, the overall transaction was relatively small.

图三 2021年3月23日-4月23日氧化镝均价走势

数据来源：我的有色

图四 2021年3月23日-4月23日镝铁合金均价走势

数据来源：我的有色

图五 2021年3月23日-4月23日氧化铽均价走势

数据来源：我的有色

图六 2021年3月23日-4月23日金属铽均价走势

数据来源：我的有色

市场总结：

轻稀土镨钕氧化物厂家现货市场报出有限，贸易商少量货源低价报出为主，随着氧化物价格逐步下探走稳，对应磁材询盘金属有所增加，同时氧化物报出不多，金属厂逢低对锁采购，磁材刚需降库为主，上下游僵持依旧，金属成交价格未及预期，需要时间换空间，待下游库存进一步消耗，采购节奏变换，镨钕价格或将由上至下传导出现区间小幅偏强行情；中重稀土上游厂家报价犹豫，出货意愿不高，持货商少量货源让利成交，预计镝铽钆钬价格弱稳震荡。

The spot market for light rare earth praseodymium and neodymium oxide manufacturers is limited, and traders mainly report a small amount of supply at low prices. As the price of oxides gradually declines and stabilizes, the corresponding magnetic material inquiries have increased, and the oxides are reported Not many. Metal factories purchase locks on dips. Magnets just need to lower their warehouses. The upstream and downstream stalemate remains. The metal transaction price is not as expected. It takes time to change space. When downstream inventory is further consumed, the purchasing rhythm changes, and the price of praseodymium and neodymium may change. There will be a slightly stronger market in the range from top to bottom; the upstream manufacturers of China Heavy Rare Earth hesitate in quotation, and the willingness to ship is not high. Holders make a profit with a small amount of supply. It is expected that the price of dysprosium, terbium, gadolinium and holmium will fluctuate weakly and steadily.

来源：我的有色网（Mysteel）