Price trend

On March 17th, the domestic light rare earth market price trend remained stable, with the price of praseodymium neodymium metal at 555,000 RMB/ton, praseodymium neodymium oxide at 447,500 RMB/ton, neodymium oxide at 472,500 RMB/ton, neodymium metal at 587,500 RMB/ton, praseodymium metal at 597,500 RMB/ton, and praseodymium oxide at 472,500 RMB/ton.

Market outlook

The price trend of domestic light rare earths has 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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