Price trend
On February 11th, some prices in the domestic light rare earth market declined. The price of praseodymium neodymium metal was 545,000 RMB/ton, praseodymium neodymium oxide price decreased by 5,000 RMB/ton to 435,000 RMB/ton, neodymium oxide price decreased by 2,500 RMB/ton to 455,000 RMB/ton, metal neodymium price was 570,000 RMB/ton, metal praseodymium price was 577,500 RMB/ton, and praseodymium oxide price was 452,500 RMB/ton.
Market outlook
The prices of domestic light rare earths have declined, with normal on-site sales and average downstream procurement. It is expected that the prices of domestic light rare earths will mainly fluctuate in the later stage.
If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com
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