Data from the General Administration of Customs shows China exported 5,791.8 tons of rare earths in August, compared to 5,994.3 tons in July. Cumulative exports from January to August reached 44,355.4 tons, marking a 14.5% year-on-year increase. This represents a slight decrease from July's 5,994.3 tons.
Overall, China's cumulative exports from January to August reached 44,355.4 tons, marking a 14.5% increase compared to the same period last year.
As an integrated internet platform providing benchmark prices, on September 18, the benchmark price of praseodymium on SunSirs was 765,000.00 RMB/ton, unchanged from the beginning of the month.
On September 18, the benchmark price of neodymium on SunSirs was 782,500.00 RMB/ton, up 1.29% from 772,500.00 RMB/ton at the beginning of the month.
On September 18, the benchmark price of dysprosium on SunSirs was 2,205,000.00 RMB/ton, down 0.45% from 2,215,000.00 RMB/ton at the beginning of the month.
Application of SunSirs Benchmark Pricing:
Traders can price spot and contract transactions based on the pricing principle of agreed markup and pricing formula (Transaction price=SunSirs price + Markup).
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