SunSirs: The Prices of Some Praseodymium Neodymium Series Products in China Increased on January 13th
January 14 2025 14:04:49 SunSirs (John)
Price trend
On January 13th, some prices in the domestic light rare earth market rose. The price of praseodymium neodymium metal increased by 2,500 RMB/ton to 505,000 RMB/ton, praseodymium neodymium oxide price increased by 5,000 RMB/ton to 410,000 RMB/ton, neodymium oxide price increased by 2,500 RMB/ton to 422,500 RMB/ton, neodymium metal price increased by 5,000 RMB/ton to 530,000 RMB/ton, praseodymium metal price increased to 547,500 RMB/ton, and praseodymium oxide price increased to 427,500 RMB/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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