需求高景气有望支撑稀土价格！稀土ETF（516780）近4个交易日合计“吸金”2.29亿元

Core Insights - The rare earth price index in China has risen by 6.69% over the past two weeks, reaching 205.11, with praseodymium-neodymium oxide prices increasing by 10.97% to 531,000 CNY per ton [1] - The rare earth ETF (516780) has seen significant inflows, with a total of 229 million CNY in the last four trading days, indicating strong investor interest [1] - Demand growth, particularly from the electric vehicle sector and emerging industries like humanoid robots, is driving the resilience of rare earth prices [1][2] Group 1: Price Trends and ETF Performance - The rare earth ETF (516780) has experienced a substantial increase in both shares and scale, reaching 1.471 billion shares and 1.970 billion CNY in scale, marking a nearly 32% growth over the past two weeks [1] - The ETF has shown strong liquidity, with an average daily trading volume of 250 million CNY over the last two weeks [1] - The ETF closely tracks the CSI Rare Earth Industry Index, which includes leading companies in rare earth mining, processing, and application [2] Group 2: Supply and Demand Dynamics - Supply constraints are expected to persist due to reduced imports from the U.S. and Myanmar, alongside high waste material prices, leading to a tighter supply outlook for the year [2] - Demand is expected to remain stable, with domestic orders supporting the market as companies begin to stock up for the third quarter [2] - The overall market sentiment is bullish due to the combination of tight supply and increasing demand [2]