China Europium Oxide Price - April 28, 2021

Rare earth market quotation in China: europium oxide price climbs slightly while praseodymium oxide and neodymium oxide prices continue to decline on April 28, 2021. 

Despite the continuous release of favorable policies and the rapid development of downstream traditional and emerging industries, it is still difficult to offset the harm caused by downstream users' generally maintaining rigid demand to the market, resulting in unsatisfactory transaction volume and price.

In the first quarter of this year, in the context of the slow recovery of the global economy, the improvement of the new energy market, the continuous introduction of relevant policies in the rare earth industry, and the limited import volume, the prices of mainstream products have increased significantly. In the meantime, purchasers are not willing to buy products at high prices. therefore, the current suppliers basically operate rational callbacks.

Prices of rare earth products on April 28, 2021

Picture of Dy-Fe alloy

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