Price trend

On April 16th, the domestic light rare earth market prices declined, with the price of praseodymium neodymium metal falling by 2,500 RMB/ton to 537,500 RMB/ton, praseodymium neodymium oxide falling by 2,500 RMB/ton to 427,500 RMB/ton, neodymium oxide falling by 5,000 RMB/ton to 457,500 RMB/ton, neodymium metal falling by 5,000 RMB/ton to 570,000 RMB/ton, praseodymium metal falling by 5,000 RMB/ton to 587,500 RMB/ton, and praseodymium oxide falling by 5,000 RMB/ton to 452,500 RMB/ton.

Market outlook

The price trend of domestic light rare earths has declined, with normal sales in the market and average downstream procurement. It is expected that the domestic light rare earth market will mainly experience price fluctuations in the later stage.

If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.