The neodymium magnet still owns active market
Post time: 2014-10-03 16:36:26
Last year, the rare earth prices as "Roller Coaster " greatly have impacted the neodymium market. That surplus of low-end products, the scarcity of high-end products is the statusof China NdFeB market. But rare earth prices gradually return to be reasonable, the industry believes that the Chian NdFeB market still have bright future.
There are many different opinions on supply of rare earth , but, that the development of rare earth industry will concentrateon downstream applicaitons is all people's consensus
Rare earth products are mainly used in rare earth permanent magnet materials, luminescent materials, catalysis, hydrogen storage alloy and rare earth polishing powder field of new materials and metallurgical machinery, petrochemical, glass ceramics, agriculture, textile and other traditional areas.
The Rare Earth Industry Association Secretary-General Mr. Rong zhang Ma's said consumption of rare earth in China in 2011 was 83,110 tons, accounting for 85.8% of the total output, a decrease of 3,915 tons compared with 87,025 tons in 2010.
Rare earth permanent magnet is the largest consumption field of rare earth consumption upto 36,600 tons, i.e 44.04% of the total consumption. The field of new materials consumption of a total of 55,010 tons, accounting for 66.2% of the total consumption.
In 2011, China's rare earth permanent magnet production was 88,500 tons, of which 83,000 tons are sintered NdFeB and Bonded NdFeB 4400 tons, accounting for five new areas of 154,560 tons accounted for 57.26%.
Baotou Jinshan Magnetic Material Co., Ltd., the magnetics Union Chairman Jin Shusen said to "International Business Daily" reporters, : "Last year, the NdFeB market situation is very grim, which is the unusual difficulty since long tome.
It is reported that China's production of NdFeB manufacturers accounted for 60% of the applications.
"The price of rare earth can be increased , but can not be artificially increase prices." Shusen Jin said , the "roller-coaster" type changes in rare earth prices so that part of the the NdFeB application products exit the market.
for example MRI equipment and wind power generation equipment, due to the the NdFeB price doubled eo up, manufacturer are forced to give up performance NdFeB and turn to pick up the old methods of electrical magnetic.
"NdFeB withdrawal, it is difficult to re-enter to the neodymium market."
Mr. Shusen Jin think that the grim perior has been oveer, the future of this market is still avtive market.
HTA president, Japan the bond magnetic Association chief executive officer Harada said that Hideki neodymium magnet is a very important industrial material, and the increase in the number of Japanese hybrid cars and hard drives, because Japan magnets per gram price is three times .Therefore still strongly hope that the rare earth products are imported from China and magnets.
Mr. Shusen Jin estimates, in 2011 China NdFeB production capacity of 250,000 to 260,000 tons, compared with 120,000 tons of demand, It is severe overcapacity.
"low-end surplus and scarcity of high-end" to describe China's NdFeB market. Shusen ina said that the China rely on extending the practice of foreign patents expired production of Nd-Fe-B, is a major flaw of the imbalanced development of Nd-Fe-B market.