SunSirs: The Prices of Some Praseodymium Neodymium Series Products in China Increased on October 21st

https://www.chemnet.com   Oct 22,2024 SunSirs

Price trend

On October 21st, some prices in the domestic light rare earth market rose. The price of praseodymium neodymium metal increased by 2,500 RMB/ton to 532,500 RMB/ton, praseodymium neodymium oxide price increased by 5,000 RMB/ton to 422,500 RMB/ton, neodymium oxide price increased by 5,000 RMB/ton to 437,500 RMB/ton, neodymium metal price was 545,000 RMB/ton, praseodymium metal price was 572,500 RMB/ton, and praseodymium oxide price was 435,000 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 price fluctuations will be the main trend in the later period.

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