The price of rare earths soared more than 10 times in a year, and phosphors rose from 300 yuan/kg three months ago to 1800 yuan/kg. Crazy gains not only made people in the industry shy, but also made speculative profits. Crazy. The national rare earth work conference that ended on the 14th came news: China will renovate rare earth industries.

Rare earth one day at a price, corporate orders difficult

The national rare earth work conference convened in Beijing made Hangzhou Lin'an energy-saving lamp companies thousands of miles away. Because rare earth is an important raw material for energy-saving lamp light sources, the most used electric light source is a rare earth trichromatic fluorescent lamp.

“Now the rare earth can be said to be a price per day.” Luo Chongyuan, marketing manager of Hangzhou Yuzhong Gaohong Lighting Appliance Co., Ltd., told reporters yesterday, “Phosphor prices have risen by at least 10 times compared with the second half of last year. Now companies take orders. It is really difficult. I can't quote for more than a week.” Yuzhong Gaohong Lighting is the largest energy-saving lamp manufacturer in Lin'an. Affected by the rise in fluorescent lamp raw materials, the price of their energy-saving lamps has risen by about 10% from last year. Such as an original energy-saving lamp 3.9 yuan, the latest price rose to 4.3 yuan. "This is not too much. Some enterprise product prices are two or three percent."

As the main raw material of three-color phosphors in the energy-saving lamp fitting capillary tube, rare earth accounts for 75% of the raw material. It is reported that before the prices of three-phosphor phosphors rose, the proportion of phosphors in the total cost of energy-saving lamps accounted for only 10%. After the price increase of phosphors, the cost of energy-saving lamps was greatly increased.

Lin'an has become a well-known gathering place for energy-saving lamps in the country. Currently there are more than 300 energy-saving lamp companies with an output value of 5.8 billion yuan. It is estimated that nearly a quarter of the 10,000 tons of phosphor powder produced in the country was absorbed by Lin'an.

Resource speculation spread, will be heavy fist rectification

"Rare earth can not be fried, but also stocks can be fried." Rare earth prices have already let the speculators move. Since last year, the rare earth plate represented by Baotou Steel Rare Earth out of a big rally. Yesterday, the closing price of Baotou Rare Earth was 77.14 yuan. Taking into account the ex-rights factor, the actual price has quadrupled from a year ago. This makes investors who hold scarce resource stocks earn a pity.

China's rare earth production and exports account for more than 90% of the world's total. The high profits of scarce resources have stimulated the surge of merchandise, including traders and upstream companies. In recent years, the hype of speculation has spread, which has made the dilemma of downstream companies “seeking rice under the pan” even worse.

At present, there are many outstanding problems in the production of rare earths in China, including the continued illegal exploitation, the low level of resource utilization, and the chaotic export order. To this end, the State Council this year has specifically formulated a number of opinions on promoting the sustainable and sound development of the rare earth industry, and implemented total control over rare earth ore mining. From April 1 this year, the state has also adjusted the resource tax for rare earth: light rare earth 60 yuan/ton, medium-heavy rare earth 30 yuan/ton. Prior to this, the collection criteria for rare earth resource taxes remained at 0.4 yuan/ton-2 yuan/ton for a long period of time.

Or trigger industry reshuffle to see who is laughing to the end

Raw materials for raw materials can stay in the market and continue to be bullish. It also sparked the pain of the energy-saving lamp industry. Some small businesses are unsustainable and have to stop production. The reporter found a company office phone that had previously been contacted by the energy-saving lamp. It was actually "this number has been shut down."

The skyrocketing growth of three-color phosphors has clearly aggravated the chaos in the energy-saving lamp industry. “This will lead to more companies using low-cost halogen powder to subsume well. The cost of halogen powder is less than that of three-color phosphors. One of the industry sources, who asked not to be named, said: "Compared with the energy-saving lamps using three-color phosphors, the efficacy and life span of the halogen powder lamps must be greatly reduced."

Recently, the Zhejiang Provincial Lighting Association held a symposium on thinking and countermeasures caused by soaring prices of rare earth phosphors in Lin'an. Weng Maoyuan, president of the Provincial Lighting Association, believes that it is absolutely impossible to expect phosphor prices to return to the past. However, to strengthen the docking of upstream and downstream industries and negotiate prices is a feasible path to solve the problem. In the long run, the industry reshuffle triggered by the sharp rise in raw material prices is not necessarily a bad thing. Some companies with good reputation and strong products can overcome this difficulty by continuing to strengthen management and do their own work, and laugh at the end.