The rare earth permanent magnet sector is active, with the Rich State (159713) Rare Earth ETF approaching a 2.5% increase.

April 7, in the afternoon, the rare earth permanent magnet concept was active, and the rare earth ETF Fullgoal (159713) was nearing a gain of 2.5%. As of the time of publication, the latest increase was 1.99%. Among the constituent stocks of the underlying index, China Northern Rare Earths reached the daily limit, and stocks such as Sinomagnetics, Huahong Technology, and Joling Technology rose more than 5%, driving the index higher.

On the news front, last week, the price of praseodymium neodymium oxide rose more than 6% week over week, closing at around 750k yuan per ton.

Research institutions believe that opening up the excess inventory buffer creates room for price gains, and they are optimistic about a double uplift in profitability and valuation for the rare earth sector. In China, the rare earth total quantity control management policy is gradually being implemented, and rare earth quotas in recent years have shown a slowdown trend. Overseas, although there is a stronger intention to build rare earth supply chains, progress has generally been slow, and capacity additions are mostly concentrated in countries such as the U.S., Japan, and Europe. This means that in the future, domestic and international supply increment will both tend to be “locked in,” and the rigidity of long-term supply will continue to strengthen.

For investors interested in the rare earth sector, you may consider the Rare Earth ETF Fullgoal (159713). The product closely tracks the CSI Rare Earth Industry Index and focuses on key links such as rare earth resource mining, metallurgical separation, and the manufacturing of downstream high-performance permanent magnet materials.

Daily Economic News