Rare earth prices continue downtrend, market activity is not high

Despite Monday Ganzhou Rare Earth Industry Association released ore prices rose sharply, but still cause the separation of rare earth smelting boost prices this week, the rare earth market continued downtrend, market activity is not high, traders shipping prices or wait for the cargo hold Lord, part of the business outlook is expected to continue downward or identify expected by the end of July or in August or increased demand.

Praseodymium, neodymium, dysprosium products prices continued to drop this week, with a vote praseodymium neodymium metal fell 33.8-34 yuan / ton, relatively last week's 345,000 yuan / ton fell five thousand dollars / ton, neodymium oxide, praseodymium from last week about 25.7,25.8 fell about 262,000 yuan / ton, down nearly five thousand dollars also / ton. Praseodymium, neodymium oxide single week, prices continue to decline, including grass Shen praseodymium oxide generally fell to around 36 yuan / ton, compared with last week flat or down 1 yuan / ton, before the offer was still 370,000 yuan of This week a general decline. The current price of neodymium oxide or stable or slipped, low prices are approaching 260,000 / ton.

This week dysprosium oxide and dysprosium iron fell also large, relatively concentrated in the last week dysprosium 1.45 million, the current actual price of dysprosium oxide is only about 140-142 yuan / ton, dysprosium iron current low market prices It is only 143,144 yuan / ton or so.

This week europium, terbium, gadolinium and other product prices are different to decline, there is no market price, there are a number of businesses that ultra-low-cost resources on the market accelerated the price decline, the price is difficult to hold on, the market is difficult to safeguard stability, caused the downstream business is not urgent Purchasing only demand lower prices procurement, expected short-term market outlook is difficult to clearly recover, or continue to run low weak.


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