Rare earth price trend on December 1, 2023

Product name Price High and lows
Lanthanum metal  (yuan/ton) 25000-27000 -
Cerium metal  (yuan/ton) 26000~26500 -
Neodymium metal  (yuan/ton) 605000~615000 -
Dysprosium metal (yuan /Kg) 3400~3450 -
Terbium metal(yuan /Kg) 9600~9800 -
Praseodymium neodymium metal/Pr-Nd metal  (yuan/ton) 585000~590000 -4000
Gadolinium iron  (yuan/ton) 218000~222000 -5000
Holmium iron (yuan/ton) 490000~500000 -
Dysprosium oxide (yuan /kg) 2680~2710 +5
Terbium oxide  (yuan /kg) 7950~8150 +125
Neodymium oxide  (yuan/ton) 491000~495000 -
Praseodymium neodymium oxide  (yuan/ton) 472000~474000 -9500

Today's Market Intelligence Sharing

Today, the domestic rare earth market prices continued to decline, with Praseodymium neodymium oxide  falling by 9500 yuan per ton, praseodymium neodymium metal falling by 4000 yuan per ton, and heavy rare earth gadolinium iron falling by 5000 yuan. Terbium oxide and dysprosium oxide have slightly rebounded, with a negligible increase in magnitude. The overall market is still in a downward phase, and the downstream market mainly relies on on-demand procurement. The domestic rare earth market will enter the off-season, and it is expected that there will be little momentum for recovery in the future.

Post time: Dec-01-2023