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SunSirs: China's Domestic Rare Earth Market Price Index Rose on October 8
October 09 2021 08:20:44SunSirs(Linda)

The Rare Earth Index on October 8 was 602 points, which was a 39.80% decrease from the cycle high of 1,000 points (2011-12-06), and an increase of 122.14% from the low of 271 points on September 13, 2015. (Note: Period refers to 2011-12-01 till now).

The domestic rare earth index is rising. The price of domestic light rare earth praseodymium and neodymium series has increased. The price of praseodymium neodymium oxide rose by 1,500 yuan/ton to 601,500 yuan/ton, and the price of praseodymium neodymium metal rose by 4,000 yuan/ton to 742,500 yuan/ton. The price of praseodymium was 640,000 yuan/ton, the price of neodymium oxide was 627,500 yuan/ton, the price of metal praseodymium was 860,000 yuan/ton, the price of neodymium metal was 775,000 yuan/ton, and the price of dysprosium oxide increased by 15,000 yuan/ton to 272. The price of dysprosium ferroalloy increased by 20,000 yuan/ton to 2.66 million yuan/ton, and the price of dysprosium metal was 3.445 million yuan/ton. The price of some domestic light rare earths market rose, and the recent purchases were general. The price trend of praseodymium-neodymium-based Mainly, the price of dysprosium in the domestic heavy rare earth market has risen recently, and the price of terbium has risen. Downstream on-demand purchases are the main focus. Exports are banned in Myanmar. It is expected that the domestic rare earth market prices will increase slightly in the later period.

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