Jan 06, 2022 08:19 AM (GMT+8) · EqualOcean
Financial Associated Press, Jan. 6 - CICC believes that rare earth prices are expected to remain high in 2022, the single ton profit of magnetic materials is expected to usher in a trend upward, the magnetic material company is expected to usher in a performance year with both volume and price, and the configuration value of A-share magnetic material plate is prominent. First, considering the rigidity of rare earth supply side and the recurrence of epidemic in Myanmar, we expect that rare earth prices are expected to remain high in 2022 under the background of high demand. Second, the profit per ton of magnetic materials ushered in a trend upward. Third, the production and sales of magnetic materials have strong growth.
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