A-share rare earth permanent magnet concept continued to rise, Benlang New Materials 30cm daily limit, Sanchuan Wisdom, Jiuwu High-tech both 20cm daily limit, Northern Rare Earth, China Nonferrous Metals, Huahong Technology, Baosteel and other stocks daily limit, Jiuling Technology rose more than 17%, Zhongke Magnetics, Xici Technology and other stocks followed the rise. Northern Rare Earth and Baosteel announced a rare earth price increase recently, which is expected to further narrow the domestic and foreign rare earth price gap and boost revenue.
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