LREE prices steady for three consecutive days

It is understood that on September 2 LREE offer across the board steady. Where heavy rare earth dysprosium slight pullback since last week held steady for three consecutive days since the average price at 2,375,000 yuan / ton, light rare earth neodymium praseodymium oxide since August 22 has been maintained 360,000 / ton high.

Since no signs of downstream markets, the recent domestic rare earth market turnover is still not active. Some traders rush to ship last week, down dysprosium oxide, dysprosium iron prices to facilitate transactions, however, manufacturers still do not intend to sell cheap, they want to hold stocks to watch market. Last week, NdFeB magnets and phosphors dull market, vendors shipped a large number of difficult; NdFeB magnets, fluorescent powder market has no signs of improvement; catalyst, polishing powder and ceramic industry is not active. Analysts expect the market will continue this week, the domestic rare earth deserted.


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