[Source: "New Industry" July issue / Cao Mo]
As expected by Liu Jianjun (a pseudonym), since the implementation of rare earth special invoices in the country, it has not reduced production, and has not caused the price of rare earths to fall back.
Liu Jianjun has a rare earth smelter in Zhangzhou City, Jiangxi Province. It is the country's largest medium- and heavy-earth rare earth producing area, and the value and price of medium-heavy rare earths are the highest among rare earths. Last year and the year before, his company made a fortune because of the soaring price of rare earth. Many executives of the company bought a luxury car. However, since the second half of last year, the price of rare earth has continued to decline, making him feel that his business is not as good as before.
In order to stabilize the price of rare earth and protect rare earth resources, the state has introduced special invoices for rare earths in the rare earth industry. According to the regulations of the State Administration of Taxation, since June 1 this year, rare earth enterprises must issue special VAT invoices and VAT invoices through the VAT anti-counterfeiting tax control billing system (special version of rare earth enterprises). Invoices mainly cover mining, smelting separation and circulation, and do not involve downstream applications. "But after half a month of implementation, there is no big effect." Liu Jianjun said.
Du Shuaibing, an analyst of Baichuan Information Rare Earth Industry, also said to the "New Industry": "At present, the response of the company is not good, and it is generally felt that the implementation is not implemented."
The price is still low
Due to the sluggish downstream demand, the price of rare earths has continued to fall recently, especially the price of light rare earths has fallen even more.
Business community monitoring data show that from June 1 to June 18, the prices of several rare earth varieties continued to fall. Among them, the price of antimony oxide fell by 3.7%, antimony oxide fell by 4.26%, and antimony iron fell by 6.12%. The sales staff of a rare earth separation plant in Baotou told this magazine that the company did not produce defective products for the time being because no one cares. What is even more serious is that for the current domestic rare earth enterprises, not only the domestic demand is not good, but the entire international demand is also not reassuring. According to data released by the Customs Statistics Advisory Service Center, the export volume of rare earths in April was 387 tons, a decrease of 93% from the same period of the previous year and a decrease of 38% from March. In addition, in the first four months of this year, the export volume of rare earth ore, metals and compounds in China was 3,046 tons, a decrease of 43% from the same period of the previous year.
The number of Japanese imports from China has dropped even more. In the first four months of this year, the number of rare earths imported from Japan was 3,650 tons, down 58% year-on-year. Among them, the import volume from China was 1,894 tons, a sharp drop of 69% year-on-year.
Not only that, but due to the decline in demand, the trading price of Chinese rare earth exports to Japan also fell. Among them, the price of krypton used to manufacture high-performance magnets is about 150 US dollars per kilogram, down 14% from the previous month; 为 is about 1100 US dollars per kilogram, down 15% from the previous month, and the price of both is the highest in history last July. Than, it fell about 70%.
Du Shuaibing believes that the demand for rare earths continues to be weak, and the market price continues to decline. Most merchants believe that there is still room for decline in rare earth prices in the future.
As the price of antimony oxide falls, the price of downstream polishing powder is also falling. Cerium oxide polishing powder is widely used in glass polishing, and has the advantages of strong cutting force, short polishing time, long service life and high polishing precision. The cerium oxide polishing powder is classified into low enthalpy, medium bismuth and sorghum polishing powder according to the content of cerium oxide, and its cutting force and service life are also low to high. Although the price continues to decline, the practice of some polishing powder manufacturers is: lose money to grab the market. Therefore, the price is getting lower and lower. According to a person with polishing powder, the annual demand for polishing powder is about 20,000 tons, and the production capacity of polishing powder has reached 60,000 tons. Therefore, competition is fierce and price declines are inevitable.
(unfinished)
For more information, please see: http://
As expected by Liu Jianjun (a pseudonym), since the implementation of rare earth special invoices in the country, it has not reduced production, and has not caused the price of rare earths to fall back.
Liu Jianjun has a rare earth smelter in Zhangzhou City, Jiangxi Province. It is the country's largest medium- and heavy-earth rare earth producing area, and the value and price of medium-heavy rare earths are the highest among rare earths. Last year and the year before, his company made a fortune because of the soaring price of rare earth. Many executives of the company bought a luxury car. However, since the second half of last year, the price of rare earth has continued to decline, making him feel that his business is not as good as before.
In order to stabilize the price of rare earth and protect rare earth resources, the state has introduced special invoices for rare earths in the rare earth industry. According to the regulations of the State Administration of Taxation, since June 1 this year, rare earth enterprises must issue special VAT invoices and VAT invoices through the VAT anti-counterfeiting tax control billing system (special version of rare earth enterprises). Invoices mainly cover mining, smelting separation and circulation, and do not involve downstream applications. "But after half a month of implementation, there is no big effect." Liu Jianjun said.
Du Shuaibing, an analyst of Baichuan Information Rare Earth Industry, also said to the "New Industry": "At present, the response of the company is not good, and it is generally felt that the implementation is not implemented."
The price is still low
Due to the sluggish downstream demand, the price of rare earths has continued to fall recently, especially the price of light rare earths has fallen even more.
Business community monitoring data show that from June 1 to June 18, the prices of several rare earth varieties continued to fall. Among them, the price of antimony oxide fell by 3.7%, antimony oxide fell by 4.26%, and antimony iron fell by 6.12%. The sales staff of a rare earth separation plant in Baotou told this magazine that the company did not produce defective products for the time being because no one cares. What is even more serious is that for the current domestic rare earth enterprises, not only the domestic demand is not good, but the entire international demand is also not reassuring. According to data released by the Customs Statistics Advisory Service Center, the export volume of rare earths in April was 387 tons, a decrease of 93% from the same period of the previous year and a decrease of 38% from March. In addition, in the first four months of this year, the export volume of rare earth ore, metals and compounds in China was 3,046 tons, a decrease of 43% from the same period of the previous year.
The number of Japanese imports from China has dropped even more. In the first four months of this year, the number of rare earths imported from Japan was 3,650 tons, down 58% year-on-year. Among them, the import volume from China was 1,894 tons, a sharp drop of 69% year-on-year.
Not only that, but due to the decline in demand, the trading price of Chinese rare earth exports to Japan also fell. Among them, the price of krypton used to manufacture high-performance magnets is about 150 US dollars per kilogram, down 14% from the previous month; 为 is about 1100 US dollars per kilogram, down 15% from the previous month, and the price of both is the highest in history last July. Than, it fell about 70%.
Du Shuaibing believes that the demand for rare earths continues to be weak, and the market price continues to decline. Most merchants believe that there is still room for decline in rare earth prices in the future.
As the price of antimony oxide falls, the price of downstream polishing powder is also falling. Cerium oxide polishing powder is widely used in glass polishing, and has the advantages of strong cutting force, short polishing time, long service life and high polishing precision. The cerium oxide polishing powder is classified into low enthalpy, medium bismuth and sorghum polishing powder according to the content of cerium oxide, and its cutting force and service life are also low to high. Although the price continues to decline, the practice of some polishing powder manufacturers is: lose money to grab the market. Therefore, the price is getting lower and lower. According to a person with polishing powder, the annual demand for polishing powder is about 20,000 tons, and the production capacity of polishing powder has reached 60,000 tons. Therefore, competition is fierce and price declines are inevitable.
(unfinished)
For more information, please see: http://
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