Price trend
On July 5th, the domestic light rare earth market prices declined, with metal praseodymium neodymium prices at 445,000 RMB/ton, praseodymium neodymium oxide prices at 362,500 RMB/ton, neodymium oxide prices at 367,500 RMB/ton, metal neodymium prices dropping by 5,000 RMB/ton to 465,000 RMB/ton, metal praseodymium prices at 492,500 RMB/ton, and oxypraseodymium prices at 372,500 RMB/ton.
Market outlook
The domestic price trend of light rare earths had declined, with normal on-site sales and average downstream procurement. It is expected that the market price of light rare earths will mainly decline in the future.
If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.