Market price of rare earth steady, some suppliers shipped positive

Market price of rare earth continues steady, near the festival, market inquiries reduction, some suppliers shipped positive, but the volume is small low price, the transaction is willing to continue to promote slightly lower offer.

Praseodymium and neodymium oxide mixed metal prices temporarily maintain unchanged from Friday, quoted the basic maintenance at around 37.8-38.5 yuan / ton, neodymium oxide, praseodymium with votes around 29.5-29.8 yuan / ton, according to the magnetic processing with downstream manufacturers understand that before the holiday external magnetic products offer steady, without significant adjustments.

If a trader praseodymium, neodymium products market, Ganzhou, said recently out of a ton of grass Shen praseodymium oxide, but the cash price of less than 450,000 / ton. As for the downstream businesses in terms of procurement, price or consideration of late fall further, there is no purchase requirements, traders worried about the price outlook continued to fall stockpile demand is not strong, the market is more willing to wait and see. Price neodymium oxides and metal steady downturn, according to a supplier Baotou said there Neodymium with no votes 320,000 yuan / ton, lower prices, but demand is still insufficient, the current price of neodymium oxide and weekends steady, yet significant changes.
 

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