Sluggish demand for rare earths, praseodymium, neodymium stumble endlessly

June Ganzhou Rare Earth Industry Association put up ore prices, but did not boost the rare earth market, the majority of rare-earth prices have not stabilized, Jiangxi dilute Association yesterday again cut ore prices, the decline in the 1-3 yuan / ton range, last week ore price rising continuously just ignited the market stabilized a little hope obliterated ore price cut will further suppress the confidence of rare earth market has been sluggish and businesses. As expected, preliminary many businesses as separate products for each rare earth and metal prices continue to decline, the industry may say that prices will fall, not to stockpile the time.

Pr-Nd Yindie particularly evident praseodymium neodymium oxide prices stumble endlessly, almost every day low prices, it is currently a supplier Ganzhou represents neodymium oxide, praseodymium has dropped 252,000 yuan / ton, while traders said the price of shipping traders do not make money on it, the mainstream price to be slightly higher, neodymium oxide, praseodymium currently without vote fell to 225,000 yuan / ton. Praseodymium neodymium metal prices have now compared to the early sharp decline, over the weekend also offer 338,000 yuan / ton, and now offer straight down 10,000 to 328,000 yuan / ton, the Shanghai area businesses that are now mainstream price of 330,000 yuan / ton so, do not want such a low delivery, but it is part of the NdFeB manufacturers in Ningbo reflect such a low price even if the goods are not many want, confirms the most important reason is the decline in prices did not need. Magnetic rare earth materials market related prices, also affected NdFeB products prices fell, according to the Shandong area suppliers say prices now reduced the supply of 3-5 yuan / kg.

In addition to falling prices praseodymium, neodymium, gadolinium oxide and alloy prices continue to decline slightly, the current market price of the mainstream of gadolinium oxide fell to 70,000 yuan / ton, gadolinium-iron with only about 80,000 votes, expected short-term low prices will continue.


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