Price trend

On August 5th, some prices in the domestic light rare earth market rose, with the price of praseodymium neodymium metal increasing by 2,500 RMB/ton to 460,000 RMB/ton. The price of praseodymium neodymium oxide was 375,000 RMB/ton, the price of neodymium oxide was 377,500 RMB/ton, the price of neodymium metal was 472,500 RMB/ton, the price of praseodymium metal was 492,500 RMB/ton, and the price of praseodymium oxide was 377,500 RMB/ton.

Market outlook

The domestic price trend of light rare earths was temporarily stable, with normal on-site sales and average downstream procurement. It is expected that prices will mainly rise in the later period.

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