Price trend
On April 9th, the domestic light rare earth market price trend declined, with the price of praseodymium neodymium metal falling by 2,500 RMB/ton to 550,000 RMB/ton, praseodymium neodymium oxide price falling by 5,000 RMB/ton to 440,000 RMB/ton, neodymium oxide price at 467,500 RMB/ton, neodymium metal price at 580,000 RMB/ton, praseodymium metal price at 597,500 RMB/ton, and praseodymium oxide price at 467,500 RMB/ton.
Market outlook
The domestic price trend of light rare earths has declined, with normal on-site sales and average downstream procurement. It is expected that the domestic price of light rare earths will mainly fluctuate in the later stage.
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