Price trend

On December 11th, some prices in the domestic light rare earth market fell, with the price of praseodymium neodymium metal dropping by 2,500 RMB/ton to 505,000 RMB/ton. The price of praseodymium neodymium oxide was 412,500 RMB/ton, the price of neodymium oxide was 425,000 RMB/ton, the price of neodymium metal was 537,500 RMB/ton, the price of praseodymium metal was 56.25 million RMB/ton, and the price of praseodymium oxide was 432,500 RMB/ton.

Market outlook

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

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