China Cerium Oxide Prices - February 18, 2020

The europium oxide, lanthanum oxide and cerium oxide prices in the Chinese market maintain stability in the middle of February partly affected by the stability in listed prices of Northern Rare Earth. In the light rare earth market, most smelting factories have resumed production, but due to logistic constrain, the deals are limited. 

For the medium and heavy rare earth market, the trading is relatively quiet greatly affected by the Coronavirus. few companies restart working, and only part of workers come back to work. So the whole operating rate is low. As a result, the supply of raw materials is short. In addition, customs in Myanmar is still close. Given that, sellers have strong rised mentality with firm offers.

Prices of rare earth products on February 18, 2020

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Picture of cerium oxide

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