November 26 news, rare earth permanent magnet plate continues to pull up. As of press time, Yinglohua rose by more than 7%, followed by Guangzhou Nonferrous, Inviton, Jinli permanent Magnet, Hengdian East Magnetic, and so on.

On the news side, business data show that as of November 25, the prices of domestic light rare earth products such as praseodymium-neodymium alloy, praseodymium-neodymium oxide, praseodymium oxide and neodymium oxide have risen sharply

CITIC research newspaper pointed out that as the demand for new energy vehicles continues to break out, the downstream demand for carbon neutral wind power and energy-saving frequency conversion air conditioners is steady, and the downstream demand for rare earths is expected to continue to improve. It is expected that during the 14th five-year Plan period, the domestic supply of rare earths will still be limited by the total amount of mining, the supply-side high-pressure policies such as cracking down on gangs and environmental protection will continue, and the increment of overseas supply will be relatively limited in the next five years. Global rare earth supply and demand may be in a tight balance for a long time. We expect that the price of rare earths will improve steadily in 2022, and the profits of companies related to the rare earth industry chain are expected to grow sustainably in the long term. We continue to suggest that we should pay attention to the strategic allocation value of the whole rare earth industry chain.