Price trend
On November 4th, the domestic light rare earth market prices remained stable, with the price of praseodymium neodymium metal at 532,500 RMB/ton, praseodymium neodymium oxide at 425,000 RMB/ton, neodymium oxide at 437,500 RMB/ton, neodymium metal at 545,000 RMB/ton, praseodymium metal at 572,500RMB/ton, and praseodymium oxide at 435,000 RMB/ton.
Market outlook
The domestic price trend of light rare earths was rising, with normal sales in the market and average downstream procurement. It is expected that price fluctuations will be the main trend in the later period.
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