SunSir: On August 17th, the Price Trend of Praseodymium Neodymium Series in China Temporarily Stabilized
August 18 2023 09:26:49 SunSirs (John)
Price trend
On August 17th, the price trend of the domestic light rare earth market temporarily stabilized. The price of metal praseodymium neodymium was 580,000 RMB/ton, the price of praseodymium neodymium oxide was 480,000 RMB/ton, the price of neodymium oxide was 490,000 RMB/ton, the price of metal neodymium was 610,000 RMB/ton, the price of metal praseodymium was 632,500 RMB/ton, and the price of praseodymium oxide was 492,500 RMB/ton.
Analysis review
The prices of domestic light rare earths had increased, the on-site sales was normal and downstream procurement was average.
Market outlook
It is expected that the price trend of light rare earths will mainly increase in the future.
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