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SunSirs: China's Rare Earth Market Price Index Continued to Rise on October 22

October 25 2021 08:24:12     SunSirs (Linda)

The Rare Earth Index was 633 points on October 22, which was 36.70% lower than the cycle high of 1,000 points (2011-12-06), and 133.58% higher than the lowest point of 271 points on September 13, 2015. (Note: Period refers to 2011-12-01 to present).

The domestic rare earth index is rising. The price of domestic light rare earth praseodymium and neodymium series has risen, the price of praseodymium neodymium oxide has increased by 10,000 yuan/ton to 655,000 yuan/ton, and the price of praseodymium neodymium metal has increased by 10,000 yuan/ton to 795,000 yuan/ton. The price of praseodymium oxide increased by 5,000 yuan/ton to 675,000 yuan/ton, the price of neodymium oxide increased by 5,000 yuan/ton to 670,000 yuan/ton, the price of praseodymium metal increased by 12,500 yuan/ton to 897,500 yuan/ton, and the price of neodymium metal increased. 10,000 yuan/ton to 817,500 yuan/ton, the price of dysprosium oxide increased by 20,000 yuan/ton to 2.76 million yuan/ton, the price of dysprosium ferroalloy rose by 15,000 yuan/ton to 2.74 million yuan/ton, and the price of dysprosium metal increased by 10,000 yuan / Ton to 3.545 million yuan / ton, the domestic light rare earth market price trend is rising, the recent purchase is generally, the price trend of praseodymium and neodymium series is mainly rising. Mainly, Myanmar has banned exports, and the domestic rare earth market price trend is expected to rise slightly in the future.

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