The price trend of rare earths on August 30, 2023

Product name

Price

Highs and lows

Metal lanthanum (yuan/ton)

25000-27000

-

Cerium metal (yuan/ton)

24000-25000

-

Metal neodymium (yuan/ton)

610000~620000

-

Dysprosium metal (yuan /Kg)

3100~3150

-

Terbium metal (yuan /Kg)

9700~10000

-

Pr-Nd metal (yuan/ton)

610000~615000

-

Ferrigadolinium (yuan/ton)

270000~275000

-

Holmium iron (yuan/ton)

600000~620000

-
Dysprosium oxide (yuan /kg) 2470~2480 -
Terbium oxide (yuan /kg) 7950~8150 -
Neodymium oxide (yuan/ton) 505000~515000 -
Praseodymium neodymium oxide (yuan/ton) 497000~503000  

Today's market intelligence sharing

Today, the domestic rare earth market tends to be stable as a whole, mainly in the short term, supplemented by a small rebound. Recently, China has decided to implement import control on gallium and germanium-related products, which may also have a certain impact on the downstream market of rare earths. Because permanent magnets made of NdFeB are key components in electric vehicle motors, wind turbines and other clean energy applications in the production of permanent magnets for electric vehicles and renewable energy technologies, it is expected that the prospect of rare earths market in the later period will still be very optimistic.


Post time: Aug-31-2023