Rare Earth Prices Traded Weaker

Two days the praseodymium neodymium oxide transaction prices continued downward, turnover is limited, an adequate supply of the metal, deserted Inquirer.

It is understood that, Ganzhou oxide, praseodymium, neodymium supplier continuous price cut since the last week, excluding tax 258,000 yuan / ton price of the transaction, two days offer even dropped to 256,000 yuan / ton, and the market price including tax temporarily maintained at 300,000 yuan / ton.

Shanghai rare earth traders said, two weeks before the metal bid was slightly lower downstream rare Inquirer. Addition praseodymium, neodymium, dysprosium iron turnover in the doldrums, the metal praseodymium, neodymium prices slightly lower than the pre-market tax 430,000 yuan / ton, while the the metal neodymium markets tax 41-42 yuan / ton, the small amount of turnover in the market. Low - priced products for the emerging markets, the industry believes that the country should accelerate the pace of integration, industry policy is put in place, use of administrative measures to curb low - price products hit the market.


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