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SunSirs: On January 24th, the Domestic Price Trend of Praseodymium Neodymium Series Was Temporarily Stable

January 25 2024 14:22:33     SunSirs (John)

Price trend

On January 24th, the domestic light rare earth market prices remained stable, with metal praseodymium neodymium prices at 500,000 RMB/ton, praseodymium neodymium oxide prices at 402,500 RMB/ton, neodymium oxide prices at 405,000 RMB/ton, metal neodymium prices at 517,500 RMB/ton, metal praseodymium prices at 5500,00 RMB/ton, and praseodymium oxide prices at 407,500 RMB/ton.

Market outlook

The domestic price trend of light rare earths was temporarily stable, with normal sales on the market and average downstream procurement. It is expected that prices will mainly fluctuate in the later stage.

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