|
Product |
Price range (RMB/ton) |
Average price (RMB/ton) |
Change (RMB/ton) |
|
Oxidized neodymium |
595000-605000 |
600000 |
-10000 |
|
Oxidized praseodymium |
570000-580000 |
575000 |
0 |
|
Lutetium oxide |
520000-525000 |
522500 |
-7500 |
|
Metal neodymium |
735000-745000 |
740000 |
-10000 |
|
Metal praseodymium |
740000-750000 |
745000 |
0 |
|
Lutetium metal |
640000-650000 |
645000 |
-7500 |
On October 15, the domestic light rare earth market saw a downward price trend. The price of praseodymium-neodymium metal dropped by 7,500 CNY/ton to 645,000 CNY/ton, praseodymium-neodymium oxide decreased by 7,500 CNY/ton to 522,500 CNY/ton, neodymium oxide fell by 10,000 CNY/ton to 600,000 CNY/ton, and neodymium metal declined by 10,000 CNY/ton to 740,000 CNY/ton. Praseodymium metal prices remained stable at 745,000 CNY/ton, and praseodymium oxide prices were steady at 575,000 CNY/ton. The domestic light rare earth market experienced a price decline, with normal trading activity and moderate downstream procurement. Prices are expected to fluctuate in the near term.
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