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SunSirs: China's Rare Earth Market Prices Rose Slightly on September 15

September 16 2021 08:31:23     SunSirs (Linda)

The Rare Earth Index on September 15 was 595 points, which was a 40.50% decrease from the cycle high of 1,000 points (2011-12-06), and an increase of 119.56% from the low of 271 points on September 13, 2015. (Note: Period refers to 2011-12-01 to present).

The domestic rare earth index is rising, and the domestic light rare earth praseodymium and neodymium series prices are temporarily stable. The price of praseodymium neodymium oxide is 602,500 yuan/ton, the price of praseodymium neodymium metal is 740,000 yuan/ton, and the price of praseodymium oxide is 640,000 yuan/ton. The price of neodymium oxide was 627,500 yuan/ton, the price of metal praseodymium was 815,000 yuan/ton, the price of neodymium metal was 765,000 yuan/ton, the price of dysprosium oxide increased by 30,000 yuan/ton to 2.705 million yuan/ton, and the price of dysprosium ferroalloy increased The price of dysprosium metal rose by 35,000 yuan/ton to 3.44 million yuan/ton. The price trend of the domestic light rare earth market is rising. The recent purchases are general. The price of praseodymium and neodymium has risen slightly. The price of dysprosium in the rare earth market is rising, the price of terbium is rising, downstream procurement is not active, and exports are banned in Myanmar. It is expected that the price of the domestic rare earth market will increase in the later period.

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