On May 21, the price trend of the domestic light rare earth market declined. The price of praseodymium-neodymium metal fell by 2,500 RMB/ton to 542,500 RMB/ton. The price of praseodymium-neodymium oxide was 432,500 RMB/ton, the price of neodymium oxide was 450,000 RMB/ton, the price of neodymium metal was 555,000 RMB/ton, the price of praseodymium metal was 56.75 RMB/ton, and the price of praseodymium oxide was 452,500 RMB/ton. The domestic light rare earth price trend declined, the on-site sales were normal, the downstream procurement situation was general, and it is expected that prices will fluctuate in the later period.
Product |
Price range (RMB/ton) |
Average price (RMB/ton) |
Rises and falls (RMB/ton) |
Neodymium oxide |
445000-455000 |
450000 |
0 |
Available Oxide |
450000-455000 |
452500 |
0 |
Praseodymium neodymium oxide |
430000-435000 |
432500 |
0 |
Neodymium metal |
550000-560000 |
555000 |
0 |
Metallic |
565000-570000 |
567500 |
0 |
Neodymium metal |
540000-545000 |
542500 |
-2500 |
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