SunSirs--China Commodity Data Group

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SunSirs: On April 13, the price of praseodymium neodymium rare earth in China fell

April 13 2022 14:14:14     
Product Price range (RMB/ton) Average price (RMB/ton)

Rise and fall (RMB/ton)

Neodymium oxide

890000-900000 895000 -10000

Praseodymium oxide

880000-890000 885000 -10000
Praseodymium neodymium oxide 805000-815000 810000 -35000

Neodymium

1090000-1100000 1095000 -20000
praseodymium 1180000-1190000 1185000 -35000
Praseodymium neodymium 1010000-1040000 1025000 -30000

On April 13, the price of light rare earths in China fell, the price of metal praseodymium and neodymium fell by 30000 RMB/ton to 1025000 RMB/ton, the price of praseodymium and neodymium oxide fell by 35000 RMB/ton to 810000 RMB/ton, the price of neodymium oxide fell by 10000 RMB/ton to 895000 RMB/ton, the price of metal neodymium fell by 20000 RMB/ton to 1095000 RMB/ton, the price of praseodymium oxide fell by 10000 RMB/ton to 885000 RMB/ton, and the price of metal praseodymium fell by 35000 RMB/ton to 1185000 RMB/ton, The price trend of domestic light rare earth market is declining, and the downstream is mainly purchased on demand. The on-site sales situation is general, and the wait-and-see mood is strong. It is expected that the price trend will fall in the later stage.

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