Price trend

On July 24th, some prices in the domestic light rare earth market rose. The price of praseodymium neodymium metal increased by 2,500 RMB/ton to 445,000 RMB/ton, the price of praseodymium neodymium oxide increased by 2,500 RMB/ton to 362,500 RMB/ton, the price of neodymium oxide was 367,500 RMB/ton, the price of neodymium metal was 460,000 RMB/ton, the price of praseodymium metal was 487,500 RMB/ton, and the price of praseodymium oxide was 367,500 RMB/ton.

Market outlook

Domestic light rare earth prices have risen, with normal on-site sales and average downstream procurement. It is expected that prices will mainly fluctuate in the later period.

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