稀土永磁板块午后回暖 稀土价格加速上涨丨盘中线索

Core Viewpoint - The rare earth permanent magnet sector is experiencing a rebound, with significant price increases in rare earth products, particularly praseodymium and neodymium oxides, driven by tight supply and increased demand for inventory replenishment [1] Price Trends - Rare earth product prices are accelerating, with praseodymium and neodymium oxide prices rising by 7.59% and 6.27% respectively on February 9, 2023 [1] - Year-to-date, praseodymium and neodymium oxide has seen a cumulative increase of 34% [1] - In the past two weeks, praseodymium and neodymium oxide prices have increased by 12.64% to 757,500 CNY per ton [1] Supply and Demand Dynamics - The supply side is characterized by tight policies and supply constraints, leading to a continuous shortage of praseodymium and neodymium oxide in the spot market [1] - Upstream suppliers are reluctant to sell at low prices, indicating a strong hold on inventory [1] - On the demand side, downstream magnetic material companies have shifted from just-in-time purchasing to stockpiling [1] Company Insights - Baotou Steel Rare Earth and Northern Rare Earth have reported a quarter-on-quarter increase of 2.4% in rare earth concentrate transaction prices, supporting the upward movement of rare earth prices [1] - Companies to watch include Guangxi Chuangxin, China Rare Earth, Northern Rare Earth, Jinchuan Magnetics, Ningbo Yunsheng, and Zhenghai Magnetic Materials [1]