On October 12, the price trend of the domestic lanthanum and cerium series rare earths market was temporarily stable. The price of lanthanum and cerium series rare earths was at a low level. The price of lanthanum and cerium metal was stable. The price of cerium oxide was 6,800 RMB/ton. The price of battery-grade lanthanum and cerium metal was 24,750 RMB/ton. Recently, the price trend of domestic praseodymium and neodymium series market has declined, but the downstream is still in the on-demand procurement stage, and merchants' procurement situation is average. In the short term, price stability is still the main factor.

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