Tianfeng Securities: The activity of the rare earth permanent magnet market has increased, and the rare earth prices are rising

On August 5th, Jin10 Data reported that the activity in the rare earth permanent magnet market has increased and the rare earth prices have risen. Overall, there is little change in the supply side and the impact of the reduction in production by a small number of metal factories is relatively small. On the demand side, it is still in the off-season, with limited new orders, and most magnetic material companies maintain stable production without centralized procurement. The latest week's rise in rare earth prices reflects more of a positive sentiment, and prices are expected to rise further as the peak season approaches.

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GateUser-01324989vip
· 2024-08-05 00:55
To Da Moon 🌕
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