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Since the beginning of this year, the domestic rare earth market has remained strong, and prices have continued to rise, setting new records
According to industry insiders, the record high prices of rare earths this year are mainly due to the widening gap between supply and demand
From the perspective of supply, China has implemented total control and management of rare earth mining since 2006
In terms of imports, most of China's heavy rare earth raw material ore imports come from Myanmar
From the perspective of demand, after the Spring Festival, wind turbines, new energy vehicles and other terminal fields are in strong demand, orders have increased, and large-scale magnetic material enterprises have received orders
Regarding the market outlook, the business agency analyzed that the recent rare earth market transaction atmosphere is good, the supply in the field is tight, the inventory is constantly declining, and the domestic and foreign demand is increasing.
