稀土价格指数正式上线，价格中枢有望抬升

Group 1 - The Baotou Rare Earth Products Exchange (referred to as "Rare Exchange") has officially launched a rare earth price index on its official website and various platforms [1] - The index is based on the exchange's trading data and extensive collection of compliant trade data, combined with rigorous index models from research institutions, covering mainstream rare earth products such as lanthanum, cerium, praseodymium, and neodymium [1] - The Rare Exchange aims to continuously optimize the index content, enrich the index system, expand the index platform's release, and strengthen the promotion of index applications, positioning itself as a price "barometer" and "weather vane" in China's rare earth product circulation field [1] Group 2 - As of January 9, the average price of praseodymium-neodymium oxide was 624,900 yuan/ton, and metallic praseodymium-neodymium was 760,700 yuan/ton, showing a slight increase compared to the first trading day of 2026 [1] - Dongfang Securities expresses optimism about the continuous rise in both supply and demand for rare earths in 2026, reaffirming the judgment that rare earths are at the starting point of a major cycle [1] - The optimization of the supply structure in the rare earth industry is expected to benefit upstream smelting and processing enterprises, which may dominate profit distribution in the industry chain due to the scarcity of quotas, leading to a high-quality development pattern with controllable product quantities, moderate price increases, and steady profit growth [1]