NdFeB rare earth price shocks market turmoil

NdFeB magnets and various of magnet we usually see, due to its excellent magnetic properties can be called "magnetic."

It is divided into two NdFeB NdFeB NdFeB sintered and bonded. NdFeB corrosion, surface to be coated, usually zinc, nickel, zinc green, green, nickel copper, nickel copper nickel and other environmental protection; each direction bonded NdFeB magnetic, corrosion-resistant.

Sintered NdFeB permanent magnet materials having excellent magnetic properties, widely used in electronics, electrical machinery, medical equipment, toys, packaging, hardware, machinery, aerospace and other fields, more common permanent magnet motors, speakers, magnetic separator, computer disk drives, magnetic resonance imaging equipment and other tools.

Electronic manufacturing as a pillar industry in Japan is very dependent on the magnet, in addition to much-needed China's rare earth, but also to accelerate the permanent magnet pieces and powder injection molding from Chinese imports.

However, by the rare earth price fluctuations in the market last year, China NdFeB unprecedented difficulties.

Baotou Jinshan Magnetic Material Co., magnetics Alliance chairman when Shanxi Jin Shu Sen's "International Business Daily" reporters, said:. "Last year, NdFeB market situation is very serious, it can be said there is a rare problem for several years."

It is reported that Chinese production NdFeB production enterprises accounted for 60% of the application.

"Renewable energy prices, but not just the price artificially." Jin Shusen said rare earth prices in 2011 caused some changes coaster NdFeB applications out of the market.

In magnetic resonance imaging apparatus, for example, after the price of a piece of equipment at three million to four million yuan, the last seven or eight times the cost of domestic rare earth raw material prices soaring to $ 1 million of 200 million, there is no neodymium iron boron, and the use of superconducting materials instead.

Wind power generation equipment as well as material from the 600,000? 700,000 yuan cost per ton rose to 1.5 million in wind power equipment can be forced, rather than picking up the old magnetic power transfer abandons excellent performance NdFeB.

"After NdFeB exit, it is difficult to re-enter the market." Jin Shusen said.

Currently, per ton of rare earth products, the average price of 300,000 to 400,000 yuan. "Reasonable price per ton is about 50 million, as long as no more than 700,000 yuan, NdFeB downstream will not be forced out of the market because the price is high." Mori said tight.

Currently, a lot of getting goods at high prices last year, eventually leading manufacturer sales NdFeB sidelines, reluctant sellers purchase raw materials, rare earth prices can be lower, and if so, at this time the shot is tantamount to high inventory, profits suffer. Previously, they had 80,000 to 120,000 yuan / ton, the lowest too primitive.