Price trend

On November 6th, the domestic light rare earth market prices remained stable, with prices for 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 572,500 RMB/ton, and praseodymium oxide at 435,000 RMB/ton.

Market outlook

The price trend of domestic light rare earths had risen, with normal sales in the market and average downstream procurement. It is expected that domestic light rare earth prices will mainly fluctuate in the later stage.

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