北方稀土：今年进口矿总量大幅缩减 供需关系进一步改善 智通财经4月25日电，北方稀土总经理瞿业栋在今天举行的2024年度业绩暨现金分红说明会上表 示，"2025年，进口矿总量大幅缩减，同时需求面在国家一系列消费政策刺激性下，下游重点领域消费 订单持续释放，供需关系进一步改善，预计将对公司产品销售及价格带来积极影响。" （智通财经记者 汪斌） ...

Core Viewpoint - The polyester staple fiber industry is facing significant market pressure and low processing fees, prompting plans for a 10% production cut starting in early April to stabilize prices and improve supply-demand dynamics [1][2] Group 1: Production Cut Measures - Major polyester staple fiber manufacturers plan to implement a 10% production cut for one month starting in early April to avoid a price war and support industry health [1] - The production cut is a response to declining processing fees, which have dropped from 1200 RMB/ton to around 1000 RMB/ton, with some contracts falling to as low as 900 RMB/ton, below production cost [1] - High inventory levels, with available days reaching 14 days for polyester staple fiber and 27-32 days for other products, are also driving the decision to reduce production [1] Group 2: Market Impact and Historical Context - Historical data indicates that production cuts can boost market confidence, as seen in June 2024 when a similar reduction led to rising processing fees [2] - Following the announcement of the current production cut, processing fees increased by 100 RMB/ton, suggesting a potential positive market response [2] - The sustainability of the production cut's effects will depend on the recovery of processing fees to the range of 1200-1300 RMB/ton, which could influence manufacturers' willingness to continue reducing output [2] Group 3: Future Considerations - The production cut is viewed as a proactive measure to address market pressures and low processing fees, with expectations of improved supply-demand balance and price support [2] - However, the effectiveness of the cut remains to be seen, as the market will need to monitor actual production reductions and the recovery of processing fees [2] - The polyester staple fiber industry continues to face challenges in a complex market environment, including potential negative impacts on raw material demand for PTA and ethylene glycol [2]