A-share rare earth permanent magnet concept stocks strengthened at the beginning of the session, Beijing Jingyuntong rose by the daily limit for two consecutive days, Benlang New Materials rose by more than 6%, and Jiuling Technology, Northern Rare Earth, Baosteel and other stocks followed suit. Recently, Northern Rare Earth and Baosteel announced an increase in the price of rare earth concentrate to 19,109 yuan/ton excluding tax, up 1.5% month-on-month; SDIC Securities believes that with the gradual recovery of exports, the price difference between domestic and foreign medium and heavy rare earths is expected to converge, and is optimistic about the increase in domestic dysprosium oxide and terbium oxide prices.
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