Rare earth prices soared to SMEs damaged industries will accelerate the shuffle
"Originally, our raw materials are generally about 200,000 yuan, and now it has risen to 350,000 yuan. Buying one ton of raw materials costs twice as much as the original, and the cost pressure is very high." Yesterday (March 8th), Ganzhou Hongguang RE Xu Nanmei, Chairman of Permanent Magnets Co., Ltd., was very helpless in an interview.
The reporter was informed that the high price of rare earths has posed a threat to the production and operation of some of the downstream SMEs. “As affected by the increase in rare earth prices, the survival environment of downstream rare earth smelting and separation of SMEs will become increasingly difficult. Now that the cost reduction phenomenon has already appeared, the future industry reshuffle will accelerate.†Nonferrous Metals analyst Ming Yu said.
Business people think that the price has been high
“Because of the concentration of recent favorable factors, the rare earth price has grown strongly in a short period of time.†Yesterday, a Beijing-based person involved in rare earth trade told reporters.
Recently, the national high-profile planning for the development prospects of the rare earth industry in the next five years, during the "two sessions," the strategic emerging industries once again been hotly debated, and encouraged by factors such as series of supporting policies, rare earth prices soared again.
"This wave of speculation was completely speculated by the speculators. The increase in rare earth prices is actually a virtual phenomenon." An insider of a NdFeB production company in Cangzhou said that the current price of rare earths has seriously deviated from market demand.
In an interview with the reporter, it was learned that rare earth prices have risen sharply in recent days, and a variety of ore prices have once again set a record high. According to the latest monitoring by the Business Society Nonferrous Metals Branch, as of March 8th, the prices for rare earth yttrium oxide and lanthanum oxide were RMB 400,000/ton and RMB 3,100/kg, respectively, up by 167% and 195% year-on-year. In this week, the prices of rare earth carbonate ore and Zhongmu-rich germanium also hit historical highs, rising by 12.9% and 7.5% respectively, and they have risen 45.4% and 40% since the beginning of the year.
"It is unlikely that prices will continue to rise so far. After the concentration of favorable factors is released, it is difficult to figure out what other factors will drive the continued rise of rare earth prices." The above-mentioned rare earth traders expect that short-term rare earth prices There will be some room for growth, but by the end of this year, rare earth price increases will gradually slow down.
Different from the views of the business community, the future trend of rare earth prices, many analysts said that rising rare earth prices may become a long-term trend in the next two or three years.
Costs push the industry to reshuffle
Yesterday, Xu Nanmei said in an interview with the reporter of “Daily Economic News†that the high price of rare earths now poses a threat to the production and operation status of some of the downstream SMEs.
In the “resources are king†era, rising prices of rare earths have benefited upstream companies, but for downstream processing companies without rare earth mines, rising prices means helplessness and worries.
An analyst who declined to be named said that most of the profits brought about by the increase in rare earth prices are actually earned by rare earth mining companies. According to the current prices of rare earth mineral products and rare earth products, most of the domestic rare earth processing plants are In the state of losing business.
"Our company is fine, but many SMEs in this wave of the market is a serious loss." Another rare earth enterprise in Ganzhou, told reporters that the cost doubled to allow companies to suffer losses on many orders. Many customers talked about orders for this year before, and locked prices at the cost of the time. However, the increase in rare earth prices increased the cost of raw materials for businesses by nearly double.
He introduced that companies generally have a certain stock of raw materials. If the prices of raw materials remain high before they are used up, orders will begin to lose money. Once the inventory material at the time runs out, it is the real beginning of a loss.
The reporter learned that due to the high price of rare earth, the cost of raw materials for enterprises has been increasing, while the operation of smaller enterprises has been damaged. "Since the development of small and medium-sized processing enterprises is weak, in the future, both upstream and downstream companies will enter the integration period."
“The upstream SMEs will suffer from short-term profits, because they do not have access conditions, or will be eliminated. In contrast, due to the increase in rare earth prices, the survival environment of downstream rare earth smelting and separation of SMEs will be more difficult, the future industry reshuffle It will also accelerate," said Huang Yu.
For Silicone Cup coasters:
Sometimes do you find ceramic coasters troublesome?For example it's broken easily and heavy.And there is a point is that if it breaks,it will scratch people or kids.This is a terrible problem.
So how do we solove this problems?Use plastic coasters instead of it?No,the heat resistance of plastics is not good enough.
Silicone cup coaster?Yes,silicone is eco-friendly,and it is a material that can resist high and low temperatures.
It can do the color according to pantone color,and also can do customized.Once more,if kids puts it in his mouth and bites it,don't worry about it,because silicone is FDA.
At the same time,silicone cup coasters is slippery,it won't let your cup to drop and break.
No matter wherever you go,you also can take it outside or use it when you go hiking with your family,prepare a silicone coaster for family,equivalently prepare a security for them.
Silicone cup coaster introduction:
1.Product name:Silicone Cup Coaster,Silicone Drink Coasters,Square Coaster Set,Silicone Coaster Set,Custom Silicone Coasters,Silicone Cup Mat
2.Place of origin:Guangdong China
3.Color:any pantone color
4.Logo:Printing,debossed,embossed
5.MOQ:500pcs.
6.Package:1 pcs/opp,customized design is available.
7.Design:Customized/stock
8.Certification:FDA,LFGB,SGS,ROHS,etc.
9.Usage:Use for cup set
10.Silicone cup coasters photos for reference.
Silicone Cup Coaster,Silicone Drink Coasters,Square Coaster Set,Silicone Coaster Set,Custom Silicone Coasters,Silicone Cup Mat
Dongguan OK Silicone Gift Co., Ltd. , https://www.dgsiliconepettags.com