Rare earth price trend on December 26, 2023

Product name Price High and lows
Lanthanum metal  (yuan/ton) 25000-27000 -
Cerium metal  (yuan/ton) 26000-26500 -
Neodymium Metal(yuan/ton) 555000-565000 -
Dysprosium metal (yuan /Kg) 3400-3450 -
Terbium metal(yuan /Kg) 9700-9800 -
Praseodymium neodymium metal/Pr-Nd metal  (yuan/ton) 543000-547000 +4500
Gadolinium iron  (yuan/ton) 195000-200000 -
Holmium iron (yuan/ton) 470000-480000 -
Dysprosium oxide (yuan /kg) 2550-2700 -
Terbium oxide  (yuan /kg) 7500-8100 -
Neodymium oxide  (yuan/ton) 455000-460000 -
Praseodymium neodymium oxide  (yuan/ton) 453000-457000 +7500

Today's Market Intelligence Sharing

In the past two days, there have been slight signs of price recovery for praseodymium neodymium products in the domestic rare earth market. Today, praseodymium neodymium metal and praseodymium neodymium oxide increased by 4500 yuan and 7500 yuan respectively. Due to significant fluctuations in the price of  praseodymium neodymium in the past month, the new order volume of most magnetic material companies is not optimistic. The insufficient downstream order volume directly leads to a sustained low level of inquiry activity in the entire market. If the price of praseodymium neodymium  rebounds recently, the stocking sentiment of major manufacturers may be ignited.

Post time: Dec-27-2023