SunSirs: On June 27th, Some Prices of Praseodymium Neodymium Series in China Increased

https://www.chemnet.com   Jun 28,2024 SunSirs

Price trend

On June 27th, some prices in the domestic light rare earth market increased. The price of praseodymium neodymium metal was 447,500 RMB/ton, the price of praseodymium neodymium oxide increased by 2,500 RMB/ton to 362,500 RMB/ton, the price of neodymium oxide was 367,500 RMB/ton, the price of neodymium metal was 470,000 RMB/ton, the price of praseodymium metal was 492,500 RMB/ton, and the price of praseodymium oxide was 372,500 RMB/ton.

Market outlook

The price trend of domestic light rare earths was on the rise, with average sales on the market and average downstream procurement. It is expected that the price will mainly fluctuate in the later stage.

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