Price trend
On April 27th, the domestic light rare earth market price trend rose, with the price of praseodymium neodymium metal at 515,000 RMB/ton, praseodymium neodymium oxide price rising by 2,500 RMB/ton to 410,000 RMB/ton, neodymium oxide price at 437,500 RMB/ton, neodymium metal price at 540,000 RMB/ton, praseodymium metal price at 557,500 RMB/ton, and praseodymium oxide price at 437,500 RMB/ton.
Market outlook
The domestic price trend of light rare earths is rising, with normal sales in the market and average downstream procurement. It is expected that price fluctuations will be the main trend in the later period.
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