Price trend

On June 19th, some prices in the domestic light rare earth market rose. The price of praseodymium neodymium metal increased by 2,500 RMB/ton to 555,000 RMB/ton, the price of praseodymium neodymium oxide increased by 2,500 RMB/ton to 442,500 RMB/ton, the price of neodymium oxide was 462,500 RMB/ton, the price of neodymium metal was 562,500 RMB/ton, the price of praseodymium metal was 577,500 RMB/ton, and the price of praseodymium oxide was 462,500 RMB/ton.

Market outlook

The price trend of domestic light rare earths had risen, with normal sales in the market and average downstream procurement. It is expected that domestic light rare earth prices will mainly fluctuate in the later stage..

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