Rare earth prices steady in light trading Vulnerable

RE overall steady current market conditions, market inquiries deserted. Monday praseodymium neodymium market prices were little changed, and is still 270,000 yuan / ton neodymium oxide, praseodymium mainstream market quotations, the current price is already in the lowest position within two years, the mainstream market downward trend has also led to exchange price decline, as of 14 : 00, including neodymium oxide, praseodymium dilute the price displayed is 281.3 yuan / kg, compared to June 1 closing price of 297.2 yuan kg of significant decreases /.

Today Ganzhou Rare Earth Industry Association released the latest Ganzhou ionic rare earth mine-tax price, compared to prices in May rose, such as yttrium rich Eu ore and security far higher xenotime were up 20,000 yuan / ton, Longnan high xenotime up 10,000 yuan / ton, low xunwu low yttrium europium ore rose $ 5,000 / ton. Present oxides and metal market is still poor, weaker prices, although ore price rise, but the downturn in demand, the price is expected to remain difficult for smelting and separation products play a significant role in boosting.

Praseodymium, neodymium oxide single transaction is not currently active, prices were little changed, some businesses very interested in price, according to Ganzhou a supplier quotes Shen grass praseodymium oxide than 370,000 yuan / ton, with no ticket price 330,000 yuan / ton before they can ship. Neodymium oxide market price differences, traders offer a higher 29 yuan / ton, with no votes 25 million / ton, low price position as China Rare Earth Industry Association latest reference prices 27-28 yuan / ton. Currently the majority of the rare earth market price of rare earth products in the lowest position in recent years, although the trend is still optimistic about the latter part, but the sharp decline in space is not large.


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