中国对美稀土磁铁出口连续两个月大减

Core Viewpoint - China's total export volume of rare earth magnets in September increased by 17.5% year-on-year, reaching 5,773 tons, while exports to the U.S. significantly decreased [2][4]. Group 1: Export Data - In September, China's rare earth magnet exports to the U.S. were 420 tons, a decrease of 29.5% year-on-year and 28.7% month-on-month, marking two consecutive months of significant decline [2][4]. - Exports to Germany increased by 27.9% to 1,288 tons, while exports to South Korea surged by 84.5% to 854 tons, and exports to Japan rose by 20.8% to 228 tons [4]. Group 2: Market Context - China holds a 70% share of global rare earth production, with rare earth magnets accounting for over 80% of this production [4]. - Amidst stalled U.S.-China trade negotiations, China plans to reduce monthly exports of rare earth magnets to the U.S. from over 400 tons in 2024 to 46 tons by May 2025, seeking to ease semiconductor restrictions imposed by the U.S. [4]. Group 3: Regulatory Environment - In August, the Chinese government implemented stricter regulations on rare earth production management, which may lead to a halt in exports to the U.S. due to increased scrutiny [4].