Rare earth prices in May may may usher in an inflection point within the year

After two consecutive months of decline, the gap between supply and demand of rare earths has expanded under the resonance of supply and demand, and the price of rare earths is expected to usher in an inflection point in May. The short-term growth of overseas new production capacity is weak, and the global rare earth supply may enter a continuous tense pattern. It is expected that the global supply and demand gap of Pr-Nd oxide will be 13000 tons in 2022. The trend of rare earth price is expected to change the previous pulse rise and fall and maintain a stable high level. After the substantial adjustment in the early stage, the valuation of rare earth plate has been at a low level.