Rare earth supply outlook will be in tense situation

According to the card news, several major rare earth manufacturers gathered together to meet the requirements of the unified price of not less than the guidance price of rare earths in the north, and from the market purchase of neodymium oxide, digest praseodymium neodymium stock on the market, control the praseodymium neodymium inventory. With the advent of the neodymium iron boron market season, make up inventory demand will increase. In addition, approaching the end of the year, the index of the mandatory plan will soon run out of supplies. There will be a tense situation in supply, and the market outlook for rare earth prices is expected to rise.