SunSirs: The Price Trend of Praseodymium Neodymium Series in China Remained Stable Temporarily on December 12th
December 13 2024 13:07:49     SunSirs (John)
Price trend
On December 12th, the domestic light rare earth market price trend remained stable, with the price of praseodymium neodymium metal at 505,000 RMB/ton, praseodymium neodymium oxide at 412,500 RMB/ton, neodymium oxide at 425,000 RMB/ton, neodymium metal at 537,500 RMB/ton, praseodymium metal at 56.25 millon RMB/ton, and praseodymium oxide at 432,500 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 prices will mainly fluctuate in the later period.
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