On August 12th, some prices in the domestic light rare earth market rose, with the price of praseodymium neodymium metal increasing by 2500 RMB/ton to 462500 RMB/ton, praseodymium neodymium oxide price increasing by 2500 RMB/ton to 375000 RMB/ton, neodymium oxide price increasing by 2500 RMB/ton to 380000 RMB/ton, neodymium metal price increasing by 2500 RMB/ton to 475000 RMB/ton, praseodymium metal price increasing by 49.25 RMB/ton, praseodymium oxide price increasing by 5000 RMB/ton to 382500 RMB/ton. The domestic light rare earth prices have risen, and on-site sales are normal. Downstream procurement is average, and it is expected that prices will fluctuate and rise mainly in the later period.

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