Price trend

On January 21st, some prices in the domestic light rare earth market rose, with the price of praseodymium neodymium metal increasing by 5,000 yuan/ton to 517,500 yuan/ton. The price of praseodymium neodymium oxide was 415,000 yuan/ton, the price of neodymium oxide was 430,000 yuan/ton, the price of neodymium metal was 540,000 yuan/ton, the price of praseodymium metal was 562,500 yuan/ton, and the price of praseodymium oxide was 432,500 yuan/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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