RE market continued lower, praseodymium neodymium price difficult to climb

RE market conditions continue to lower, dysprosium class, praseodymium neodymium products prices again to a new low, and some businesses are still on the downside, the market downturn trend has not changed. Currently dysprosium products, although there are businesses that prices have dropped to the bottom, but the market is still no shortage of low-cost resources, offer dysprosium low to 1.4 million yuan / ton, but there are businesses that this price is too difficult to ship, part of the business offer is still steady around 1.45 million yuan / ton. Dysprosium dysprosium iron market is followed by the price decline, the current higher offer on the market is still 1.5 million yuan / ton, but the industry believes that the actual price to be much lower, even lower than the current low offer 1.45 million yuan / ton.

Praseodymium neodymium products market, praseodymium neodymium metal prices trend down slightly, according to the Shanghai area supplier represents praseodymium neodymium metal remained at around 340,000 yuan / ton, according to Ganzhou suppliers reflect praseodymium neodymium metal now dropped to 338,000 from 340,000 yuan / ton, the decline has not changed, at least in the short term the market is difficult to pick up, but difficult to predict the long-term. The current price of neodymium oxide, praseodymium 260 000 slight fluctuations up and down, the lower the price to about 25.7,25.8 yuan / ton, the mainstream price of about 26-26.2 million, or slightly higher offer at 262,000 yuan / ton, according to Ganzhou regional traders said yesterday received a supply offer 26 yuan / ton.


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