Price trend
On March 26th, some prices in the domestic light rare earth market declined. The price of praseodymium neodymium metal was 550,000 RMB/ton, praseodymium neodymium oxide price was 442,500 RMB/ton, and neodymium oxide price was 467,500 RMB/ton. The price of neodymium metal decreased by 5,000 RMB/ton to 580,000 RMB/ton, praseodymium metal price was 597,500 RMB/ton, and praseodymium oxide price was 467,500 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 and decline in the later period..
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