SunSirs: Some Prices of Praseodymium Neodymium Series in China Increased on September 19th
September 20 2024 10:41:07 SunSirs (John)
Price trend
On September 19th, some prices in the domestic light rare earth market rose. The price of praseodymium neodymium metal increased by 2,500 RMB/ton to 525,000 RMB/ton, praseodymium neodymium oxide price increased by 2,500 RMB/ton to 417,500 RMB/ton, neodymium oxide price increased by 2,500 RMB/ton to 430,000 RMB/ton, neodymium metal price increased by 2,500 RMB/ton to 540,000 RMB/ton, praseodymium metal price was 540,000 RMB/ton, and praseodymium oxide price increased by 427,500 RMB/ton.
Market outlook
The prices of domestic light rare earths have risen, with normal on-site sales and average downstream procurement. It is expected that prices will mainly fluctuate in the later period.
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