Lanthanum Oxide Price - April 21, 2021

Lanthanum oxide price remains unchanged while terbium oxide and dysprosium oxide prices decline slightly on April 21, 2021. Although global manufacturing industry is recovering gradually and the COVID-19 is contained in China, end users are still negative and thus new increased orders are limited. 

In the light rare earth market, the price of neodymium praseodymium metal and its oxide products has been declining. This is mainly due to the sharp rise in the price of neodymium praseodymium series products before the Spring Festival and the recent magnetic material companies are mostly depots. However, environmental protection has affected rare earth mining companies. The interference has a greater impact, and the increase in stockholders' inventory is limited, so price adjustments are also more rational.

The medium and heavy rare earth market is weak. This week, Southern Rare Earth’s listed prices partially dropped, and the support capacity of emerging industries is limited. These are the main reasons for the low enthusiasm of buyers and sellers to enter the market. with the support of cost side, there is limited room for market price downward adjustment.

The listing prices of Southern Rare Earth this week: the median price of gadolinium oxide was reduced by 9 million yuan/ton, and the quotation range was 21-215 million yuan/ton; the median price of terbium oxide was reduced by 500,000 yuan/ton, and the quotation range was 9-9.1 million yuan/ton; the median price of dysprosium oxide was reduced by 50,000 yuan/ton, and the quotation range was 3.0-3.1 million yuan/ton; the median price of holmium oxide was reduced by 40,000 yuan/ton, and the quotation range was 870,000-880,000 yuan/ton; the median price of erbium oxide was reduced by 5,000 yuan/ton, and the quotation range was 205,000-21 thousand yuan/ton; the median price of lutetium oxide was  reduced by 20,000 yuan/ton, and the quotation range was 5.3-535 million yuan/ton; the median price of yttrium oxide was reduced by 3,000 yuan/ton, and the quotation range was 3,800-4,000 yuan/ton

Prices of rare earth products on April 21, 2021

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Picture of lanthanum oxide

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