Rare-earth prices, the NdFeB permanent magnet orders began to pick up

Rare-earth prices began to rebound from the bottom in early March, has about 30% increase. For example, neodymium oxide, praseodymium rebound since early March, to 340,000 yuan / ton to 45 yuan / ton, or 32 percent. Stabilize rare earth prices rebound in the market, buyers and sellers on the recognition of the current RE prices, downstream manufacturers began to fill the inventory, boosting the price of rare earth. Stabilize rare earth prices pick up, not like last year's roller-coaster ups and downs, is conducive to the healthy development of the rare earth deep-processing industry.

 

We believe that the Nd-Fe-B permanent magnet materials sub-sectors performance in the first half of 2012, security brokerage optimistic about investment opportunities in the first half of the sub-sectors.

 

In addition, with the arrival of the second quarter of peak demand, the Nd-Fe-B permanent magnet materials orders began to pick up, which will help enhance the industry's performance. The industry leader in three rings, for example, the company achieved 250 million yuan Netherlands Bakker, Magnetics, order, which is three times the amount of 2010, the company orders. This is a reflection of the Nd-Fe-B sub-sectors needs to pick up.

 

Observed in rare earth deep-processing industry in the first half of 2011 has not yet began to price adjustment, but only after the third quarter began to adjust the linkage of the ex-factory prices of raw materials, so the industry in the first half performance base is relatively low, which results for the first half of 2012 rose to lay the foundation. Judge, the industry quarterly and semi-annual performance rose is a large probability event. Has just been published Zhenghai Magnets quarterly performance year-on-year growth of 20% also partially confirms the judgment.