brief news

production and sales of passenger cars reached 408,000 and 411,000 respectively, down 6.1 percent and 1.9 percent respectively year-on-year.
2.Sales of new energy vehicle in November fell 4
3.7 percent year-on-year
In November, production and sales of new energy vehicles reached 110,000 and 95,000 respectively, down 36.9 percent and 43.7 percent year-on-year. Among them, the production and sales of pure electric vehicles were 96,000 and 81,000, down 29.6 percent and 41.2 percent year-on-year, respectively. The production and sales of plug-in hybrid electric vehicles reached 14,000, down 63 percent and 54.4 percent respectively year-on-year.
From January to November, the production and sales of new energy vehicles were 1.093 million and 1.043 million respectively, up 3.6 percent and 1.3 percent year-on-year Among them, 891,000 and 832,000 pure electric vehicles were produced and sold respectively, up 10.3 percent and 5.2 percent year-on-year. The production and sales of plug-in hybrid electric vehicles were 201,000 and 210,000, down 18.7 percent and 12.1 percent year-on-year, respectively. Production and sales of fuel cell vehicles reached 1,426 and 1,337 respectively, an increase of 399 percent and 375 percent over the same period last year.
3. The main business income of key enterprises decreased by 5 percent year-on-year from January to October
From January to October, key enterprises (groups) in the automobile industry achieved a total of 3,243.91 billion yuan in revenue from their main businesses, down 5 percent year-on-year. The total amount of profits and taxes reached 419.11 billion yuan, down 19 percent year-on-year.
4. Exports of automobile rose 8.3 percent in November from a year earlier
In November, exports of finished automobiles totaled 83,000, up 8.3 percent year-on-year. In terms of vehicle models, 60,000 passenger cars were exported, up 18.6% year-on-year. Exports of commercial vehicles were 23,000, down 12 percent year-on-year.
From January to November, total vehicle exports were 918,000, down 4.5 percent year-on-year. In terms of vehicle models, 646,000 passenger cars were exported, down 7.9 percent year-on-year. Exports of commercial vehicles totaled 271,000, up 4.6 percent year-on-year.
Brief news
♦ Myanmar suspends rare earth ore exports to China
Myanmar has closed the border to China to suspend rare earth ore exports to the top rare earth processor, in view of the environmental damage and conflicts caused by Chinese miners' unregulated operations, SMM News reported.
The border will remain closed until mining operations are rectified, which grows concerns about supply of ion-type rare earth ores, feedstock for medium-to-heavy rare earth products.
This is set to boost prices of medium-to-heavy rare earth products significantly in the new year, when demand recovers from year-end cash flow pressure.
♦China's exports of rare earths in November 2019 were 2,635_8 tons, down 42.8 percent year-on-year.
China's rare earth export increased 16.54 percent in the first three quarters of 2019, according to the database of ASKCI. China's exports of rare earths in November 2019 were 2,635.8 tons, down 42.8 percent year-on-year.
In terms of the export value, China's rare earth export in November 2019 valued $33.2 million, down 26.1 4CREI V25N12
percent year-on-year.
E x p o rt q u a n tity
(T o n s)C h a n g e(Y-O-Y)
E x p o rt v a lu e
(U S D m illio n)
C h a n g e(Y-O-Y)
Jan.3752.9-1.70%36.6 2.90%
Feb.2886.1-35.20%36.8 5.20%
Mar.4658.511.40%36.2-19.20%
Apr.4328.911.70%40.9-8.70%
May3639.5-18.20%35.2-18.90%
Jun.3966.4-27.30%49.60.20%
Jul.5243.415.80%49.633.00%
Aug.4351.90.90%35.2-31.90%
Sep.3570.5-27.90%30.1-34.70%
Oct.3639.217.40%28.8 2.00%
Nov.2635.8-42.80%33.2-26.10%
♦ Production ofLED phosphor and long afterglow phosphor increased steadily from January to October According to statistics from Association of China Rare Earth Industry, from January to October, production of LED phosphor and long afterglow phosphor increased steadily, but the production of tricolor phosphor decreased. Among them, the output of LED phosphor was 415 tons, up 24.5 percent year-on-year. Production of long afterglow phosphor was 485 tons, up 94 percent year-on-year. The output of tricolor phosphors was 1,040 tons, down 16.8 percent year-on-year.
Analysis of Chinese rare earth market inNovember 2019
1. Overview of rare earth market in November
Rare earth market remained weak from Novemberl 〜7. Inquiries were inactive. Price and turnover of mainstream products kept stabilized in weak.
The Ministry of Industry and Information Technology and the Ministry of Natural Resources issued the 2019 quotas for rare earth mining, and smelting & separation products on November 8. The quotas for rare earth mining, and smelting & separation products increased 12,000 tons in 2019. In addition, due to the influence of environmental protection, rare earth smelting plants shrank production and the supply was tightening in spot market.
Rare earth enterprises in Southern China began to purchase the medium and heavy rare earth products with a relatively higher price in the middle of November. The market of medium and heavy rare earth started to recover.
Affected by China Northern Rare Earth declined the listing price of rare earths on November 12, didymium market maintain weak.
Enquiries from rare earth down stream market gradually increased during the last ten days of November. Price of both light rare earth products and heavy rare earth products rose steadily.
2. Rare earth price
CREI V25N125。