Price trend

On June 16th, the domestic light rare earth market prices remained stable, with prices for praseodymium neodymium metal at 557,500 RMB/ton, praseodymium neodymium oxide at 445,000 RMB/ton, neodymium oxide at 465,000 RMB/ton, neodymium metal at 570,000 RMB/ton, praseodymium metal at 577,500 RMB/ton, and praseodymium oxide at 4625,00 RMB/ton.

Market outlook

The price trend of domestic light rare earths is temporarily stable, with normal on-site sales and average downstream procurement. It is expected that the domestic light rare earth market price will mainly fluctuate in the later stage.

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