SunSirs: The Price Trend of Praseodymium Neodymium Series in China Rose on September 4th

https://www.chemnet.com   Sep 05,2024 SunSirs

Price trend

On September 4th, the domestic light rare earth market prices rose, with the price of praseodymium neodymium metal rising by 10,000 RMB/ton to 525,000 RMB/ton, praseodymium neodymium oxide rising by 10,000 RMB/ton to 425,000 RMB/ton, neodymium oxide rising by 10,000 RMB/ton to 432,500 RMB/ton, neodymium metal rising by 10,000 RMB/ton to 535,000 RMB/ton, praseodymium metal rising by 10,000 RMB/ton to 535,000 RMB/ton, and praseodymium oxide rising by 10,000 RMB/ton to 430,000 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 prices will mainly increase in the later period.

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