Zheng Quan Shi Bao·2026-01-11 23:49Core Viewpoint - The Baotou Rare Earth Products Exchange (referred to as "Rare Exchange") has officially launched a rare earth price index, which aims to provide timely, accurate, and transparent price references for the rare earth industry, reflecting overall price trends and specific product variations in the market [1] Group 1: Rare Earth Price Index - The index is based on the Rare Exchange's trading data and extensive collection of compliant trade data, utilizing a rigorous index model developed by research institutions [1] - It covers mainstream rare earth products such as lanthanum, cerium, praseodymium, and neodymium, and is designed to support the healthy and orderly development of the rare earth market [1] - The index system includes daily transaction prices, weekly rare earth price indices, and monthly rare earth price expectation indices, which are continuously being improved [1] Group 2: Background of the Rare Exchange - The Rare Exchange was established by 13 major rare earth enterprises and related institutions, including Northern Rare Earth and China Rare Earth [2] - It was officially launched on August 8, 2012, and has since passed various national inspections and received high-tech enterprise certification in 2022 [2] Group 3: Price Adjustments - On January 9, Baogang Co. and Northern Rare Earth announced an increase in the associated transaction price for rare earth concentrate for the first quarter of 2026 to 26,834 yuan/ton (excluding tax, dry weight, REO=50%) [2] - The price adjustment mechanism indicates that for every 1% change in REO, the price will increase or decrease by 536.68 yuan/ton [2][3] - The previous quarter's price was adjusted to 26,205 yuan/ton, reflecting a 37% increase compared to the prior quarter [3] Group 4: Rare Earth Resource Overview - Rare earth elements consist of 17 elements and are classified into light and heavy rare earths based on their physical and chemical properties [4] - Light rare earths are more abundant and widely distributed, while heavy rare earths are rarer and unevenly distributed, with most reserves concentrated in China [4] - Ion-type rare earths (heavy rare earths) are primarily found in Jiangxi, Fujian, Guangdong, and Yunnan, accounting for over 80% of global heavy rare earth reserves [4]