SunSirs: The Price Trend of Praseodymium Neodymium Series in China Rose on September 9th

https://www.chemnet.com   Sep 10,2024 SunSirs

Price trend

On September 9th, the domestic light rare earth market prices rose, with the price of praseodymium neodymium metal rising by 10,000 RMB/ton to 542,500 RMB/ton, praseodymium neodymium oxide rising by 10,000 RMB/ton to 442,500 RMB/ton, neodymium oxide rising by 10,000 RMB/ton to 450,000 RMB/ton, neodymium metal rising by 10,000 RMB/ton to 550,000 RMB/ton, praseodymium metal rising by 10,000 RMB/ton to 550,000RMB/ton, and praseodymium oxide rising by 10,000 RMB/ton to 447,500 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 prices will mainly increase in the later period.

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