RE overall market extended losses, prices continue to dip

RE market extended losses this week as a whole, each rare earth prices continue to dip, near the weekend market was little changed, cold situation continue. Praseodymium, neodymium, dysprosium class and other magnetic products, such as raw material prices as part of the business is expected to continue to fall this week, last week's decline in the relative price has 10,000 yuan / ton, traders said, according to the Shanghai area neodymium oxide, praseodymium now only 250,000 yuan / ton, individual businesses Ganzhou reflects the price has dropped to 250,000 or less. Praseodymium, neodymium oxide single prices continued lower, price relatively -1 last week fell 5,000 yuan / ton or so. The current mainstream market quotations grass Shen praseodymium oxide is only about 355,000 yuan / ton, neodymium oxide fell to about 255,000 yuan / ton.

This week dysprosium and europium, terbium oxide continued to decline last week, compared to dysprosium oxide fell 1-2 yuan / ton, the current price of the basic flat with last year, fell into the lowest point in nearly a year. Europium oxide according to Ganzhou local businesses currently represent only 1300 yuan / kg, compared with last week prices fell 50-100 yuan / kg, similar to terbium oxide decreases, lower prices available on the market today only 3050 yuan / kg, and it is currently part of the business according to the needs of the current trend of view, the price is difficult terbium oxide stabilized around 3000 yuan.


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