Price trend

On August 9th, some prices in the domestic light rare earth market increased. The price of metal praseodymium neodymium increased by 2,500 RMB/ton to 580,000 RMB/ton, the price of praseodymium neodymium oxide increased by 2,500 RMB/ton to 477,500 RMB/ton, the price of neodymium oxide increased by 2,500 RMB/ton to 490,000 RMB/ton, the price of metal neodymium increased by 7,500 RMB/ton to 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.

Market outlook

The prices of domestic light rare earths increased, with normal on-site sales and average downstream procurement. It is expected that the price trend will mainly increase in the future.

If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.