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SunSirs: China's Rare Earth Market Price Index Rose on January 20
January 21 2022 08:32:47SunSirs(Linda)

On January 20, the rare earth index was 860 points, an increase of 5 points from January 19, a decrease of 14.00% from the highest point in the cycle of 1000 points (2011-12-06), and a low of 271 points from September 13, 2015. Up 217.34%. (Note: The cycle refers to 2011-12-01 to the present)

The domestic rare earth index rose, the price of domestic light rare earth praseodymium neodymium series rose, the price of praseodymium neodymium oxide was 920,000 yuan/ton, the price of praseodymium neodymium metal was 1,127,500 yuan/ton, and the price of praseodymium oxide was 915,000 yuan/ton. The price of neodymium rose by 15,000 yuan/ton to 1.035 million yuan/ton, the price of metal praseodymium was 1.17 million yuan/ton, the price of neodymium metal rose by 20,000 yuan/ton to 1.26 million yuan/ton, and the price of dysprosium oxide was 3 million yuan/ton , the price of dysprosium ferroalloy is 2.98 million yuan / ton, and the price of dysprosium metal is 3.8 million yuan / ton. The price trend of domestic light rare earth market is temporarily stable. It is mainly necessary to purchase, and Myanmar has banned exports. It is expected that the price trend of the domestic rare earth market will mainly rise in the later period.

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