1. 重要新闻简报 Briefing of Important News

11 月 07 日亚洲金属网价格: 镨钕金属价格 675-680 元/KG；金属钕价格 695-700元/KG；镝铁合金价格 1500-1520 元/KG；金属铽价格 8200-8300 元/KG。

Asia Metal prices on Nov 7: PrNd metal price is 675-680 RMB/KG, Nd metal is 695-700 RMB/KG; DyFe alloy is 1500-1520 RMB/KG and Tb metal is 8200-8300 RMB/KG.

2025 年 11 月 7 日，商务部与海关总署联合发布 2025 年第 70 号公告，宣布自即日起至 2026 年 11 月 10 日，暂停实施此前发布的六项出口管制公告。这意味着原定于 11 月 8 日生效的一系列出口管制措施被暂时冻结，涉及稀土、锂电池、超硬材料等多个关键领域。被暂停实施的公告包括：商务部、海关总署公告 2025 年第 55号、第 56 号、第 57 号、第 58 号，及商务部公告 2025 年第 61 号、第 62 号。这些公告原计划针对稀土、锂电池、石墨材料、超硬材料等战略物项与技术实施出口管制。

On November 7, 2025, the Ministry of Commerce (MOFCOM) and the General Administration of Customs (GAC) jointly issued Announcement No. 70 of 2025, announcing the suspension of the implementation of the six export control announcements previously issued from now until November 10, 2026. This means that a series of export control measures originally scheduled to take effect on November 8th have been temporarily frozen, involving multiple key areas such as rare earths, lithium batteries, and ultra-hard materials. The suspended announcements include Announcement No. 55, 56, 57, and 58 of 2025 jointly issued by the Ministry of Commerce and the General Administration of Customs, as well as MOFCOM Announcement No. 61 and 62 of 2025, which were originally designed to impose export controls on strategic items and technologies, including rare earths, lithium batteries, graphite materials, and ultra-hard materials.

2. 业内人士分析 Analysis of Professional Insiders

六项出口管制公告覆盖稀土领域关键技术。此次暂停出口管制措施，是中美经贸磋商的重要成果之一。The six export control announcements cover key technologies in the rare earth field. The suspension of export control measures this time is one of the important achievements of the China US economic and trade consultations.

对企业而言，此次政策调整带来实质性利好。暂停期内，企业可在近一年时间内继续出口相关物项，无需申请两用物项出口许可证。意味着出口流程简化，通关效率提升；合规成本降低，资金周转更灵活；供应链稳定性增强，贸易摩擦风险降低。对稀土行业而言，这一“政策窗口期”为企业提供了重新布局全球市场、优化客户结构的机会，也为国际产业链的恢复提供了缓冲空间。

For enterprises, this policy adjustment brings substantial benefits. During the suspension period, enterprises can continue to export related items within one year without applying for a dual-use item export license. Means simplified export process and improved customs clearance efficiency; Reduced compliance costs and more flexible capital turnover; The stability of the supply chain has been enhanced, and the risk of trade frictions has been reduced. For the rare earth industry, this "policy window period" provides opportunities for companies to restructure their global market and optimize their customer structure, as well as providing buffer space for the recovery of the international industrial chain.

镨钕金属价格在中美领导人会谈后，政策面向好前提下快速上涨。供应端稳定；采购端以补库为主。镝、铽等重稀土价格受市场需求影响缓步下调。预计稀土价格仍会在政策和市场双重影响下，继续振荡寻找平衡。

The price of PrNd metal has risen rapidly under favorable policy conditions after the leaders' meeting between China and the United States. Stable supply side; The procurement side mainly focuses on replenishing inventory. The prices of heavy rare earths such as Dy and Td are gradually decreasing due to market demand. It is expected that rare earth prices will continue to oscillate and seek balance under the dual influence of policies and markets.