Price trend

On January 7th, the domestic light rare earth market price trend remained stable, with the price of praseodymium neodymium metal at 502,500 RMB/ton, praseodymium neodymium oxide at 405,000 RMB/ton, neodymium oxide at 420,000 RMB/ton, neodymium metal at 525,000 RMB/ton, praseodymium metal at 547,500 RMB/ton, and praseodymium oxide at 427,500 RMB/ton.

Market outlook

The domestic price trend of light rare earths was temporarily stable, 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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