中国10月对美稀土磁铁出口三个月来首次增长

Core Viewpoint - China's rare earth magnet exports to the US in October reached 656 tons, marking a year-on-year increase of 4.5%, indicating a potential diplomatic gesture ahead of the US-China summit [2][4]. Group 1: Export Data - In October, China's total rare earth magnet exports amounted to 5,473 tons, reflecting a year-on-year growth of 15.8% [4]. - The largest increase in exports was to Germany, which saw a 55.9% rise to 1,118 tons, while exports to the US ranked second [4]. - Exports to Japan increased by 30.2% to 226 tons, although the overall export of semi-finished products like magnetic powder and alloys fell by 18.3% to 538 tons [4]. Group 2: Market Dynamics - China's rare earth production accounts for 70% of the global market, with over 80% of rare earth magnets produced in the country [5]. - The export volume to the US is expected to drop significantly by May 2025, with only 46 tons projected, compared to over 400 tons monthly in 2024 [4]. - The increase in exports in October may be a strategic move to facilitate negotiations during the US-China summit [4].