Rare earth permanent magnet plate rose in the afternoon, in the market generally eat noodles under the background has been rare.Let's look at the logic of rare earth permanent magnets.
We can see from the price of rare earths whether there is strong demand for them.On July 1, some prices of domestic light rare earth market increased, the price of metal praseodymium and neodymium rose by 5,000 yuan/ton to 587,500 yuan/ton, the price of neodymium oxide rose by 7,500 yuan/ton to 47,500 yuan/ton, the price of metal neodymium rose by 7,500 yuan/ton to 582,500 yuan/ton, the price of praseodymium oxide rose by 10,000 yuan/ton to 560,000 yuan/ton.Rising prices are a direct indication of tight demand.
The downstream of rare earth is rare earth permanent magnet, and the downstream of rare earth permanent magnet is mainly rare earth permanent magnet motor.Rare earth permanent magnet motors are mainly used in new energy vehicles, wind power and other industries, their high boom is the core of their prices.At present, the production and sales of new energy vehicles are in full swing. In May, the wholesale sales of new energy passenger vehicles reached 196,000 units, up 6.7% from April and 174.2% year-on-year.Among them, the wholesale sales volume of pure electric vehicles was 162,000, up 186.1% year on year;The sales volume of plug-in hybrid reached 34,000 units, up 128.5% year on year, accounting for 17%.
In addition, 32,000 household electric vehicle licenses were released in Beijing at the end of May, which will drive the rapid growth of NEV industry orders in June and July.At the same time, the market is expected that the production of new energy vehicles in July will exceed expectations, showing signs of a slow season.All of these will support the sustainable demand for rare earth permanent magnet motors.
In addition to new energy vehicles, wind power generation also has a greater demand for rare earth permanent magnet motors.It is widely expected that the total installed capacity of 880 billion kWh will reach 610GW in 2021 and 1,6000.5 billion kWh will reach 1,1010GW in 2025.
It is expected that the rare earth permanent magnet plate in the next time, there will be continued performance and we can pay due attention to the opportunity of rotation of this plate.
