CITIC Securities: Rare-earth permanent magnet exports improving overseas; watch for a rebound in the rare-earth sector

CITIC Securities noted that China-EU trade consultations have released positive signals, with monthly exports of rare-earth permanent magnets hitting a new high for the year. Combined with the traditional peak demand season in the fourth quarter and growing demand from emerging fields such as humanoid robots, the logic of rigid supply and elastic demand in the rare-earth industry may continue to strengthen, and the strategic allocation value of the rare-earth supply chain remains recommended.