Price trend

On April 10th, the domestic light rare earth market price trend declined, with the price of praseodymium neodymium metal falling by 5,000 RMB/ton to 545,000 RMB/ton, praseodymium neodymium oxide price falling by 2,500 RMB/ton to 437,500 RMB/ton, neodymium oxide price falling by 2,500 RMB/ton to 465,000 RMB/ton, neodymium metal price at 580,000 RMB/ton, praseodymium metal price at 597,500 RMB/ton, and praseodymium oxide price at 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 the domestic light rare earth market prices will mainly fluctuate in the later stage.

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