Price trend

On November 18th, some prices in the domestic light rare earth market declined. The price of praseodymium neodymium metal was 527,500 yuan/ton, the price of praseodymium neodymium oxide was 420,000 yuan/ton, the price of neodymium oxide decreased by 2,500 yuan/ton to 435,000 yuan/ton, the price of neodymium metal decreased by 5,000 yuan/ton to 540,000 yuan/ton, the price of praseodymium metal was 572,500 yuan/ton, and the price of praseodymium oxide was 435,000 yuan/ton.

Market outlook

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

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