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SunSirs: On June 20, The price of Praseodymium Neodymium Rare Earth in China Fell

June 21 2022 11:10:37     

On June 20, the price trend of some domestic light rare earths declined. The price of metal praseodymium and neodymium fell by 1000 RMB/ton to 1156500 RMB/ton, the price of praseodymium and neodymium oxide fell by 3000 RMB/ton to 947500 RMB/ton, the price of neodymium oxide was 980000 RMB/ton, the price of metal neodymium was 1.2 million RMB/ton, the price of praseodymium oxide was 980000 RMB/ton, and the price of metal praseodymium was 1265000 RMB/ton. Some prices in the domestic light rare earth market fell.

The downstream was mainly purchased on demand, and the on-site sales were normal, The wait-and-see mood is strong, and the price trend is expected to decline slightly in the later period.

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