Rare earth price trend on November 16, 2023

Product name Price High and lows
Lanthanum metal  (yuan/ton) 25000-27000 -
Cerium metal  (yuan/ton) 25000-25500 -
Neodymium metal  (yuan/ton) 620000~630000 -
Dysprosium metal (yuan /Kg) 3250~3300 -50
Terbium metal(yuan /Kg) 9500~9600 -200
Praseodymium neodymium metal/Pr-Nd metal  (yuan/ton)) 615000~620000 -7500
Gadolinium iron  (yuan/ton) 250000~260000 -
Holmium iron (yuan/ton) 545000~555000 -5000
Dysprosium oxide (yuan /kg) 2510~2530 -20
Terbium oxide  (yuan /kg) 7400~7500 -100
Neodymium oxide  (yuan/ton) 510000~515000 -
Praseodymium neodymium oxide  (yuan/ton) 500000~504000 -6000

Today's Market Intelligence Sharing

Today, some prices in the domestic rare earth market have experienced a significant decline, with praseodymium neodymium metal and praseodymium neodymium oxide falling by 7500 yuan and 6000 yuan per ton respectively, and holmium iron falling by 5000 yuan per ton. The prices of the remaining parts have been slightly adjusted. The downstream market mainly relies on on-demand procurement, and there has been a tentative correction in some prices in the domestic rare earth market in the short term. Based on the current situation, there is still a possibility of further correction overall, and the decline will not be too significant.

Post time: Nov-16-2023