Price trend

On September 25th, some prices in the domestic light rare earth market declined. The price of praseodymium neodymium metal decreased by 2,500 RMB/ton to 532,500 RMB/ton, praseodymium neodymium oxide price decreased by 2,500 RMB/ton to 422,500 RMB/ton, neodymium oxide price decreased by 2,500 RMB/ton to 437,500 RMB/ton, neodymium metal price decreased by 2,500 RMB/ton to 542,500 RMB/ton, praseodymium metal price was 570,000 RMB/ton, and praseodymium oxide price was 437,500 RMB/ton.

Market outlook

The prices of some domestic light rare earths had declined, with normal on-site sales and average downstream procurement. It is expected that the domestic light rare earth market prices will mainly fluctuate in the later stage.

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