Neodymium Oxide Prices - December 18, 2024

praseodymium oxide image

The domestic rare earth market is generally showing a downward trend across various products. 

Notably, praseodymium-neodymium (Pr-Nd) metal prices have decreased by approximately 3,000 RMB/ton; Neodymium oxide prices have fallen by about 4,000 RMB/ton; Terbium oxide prices have dropped by around 20 RMB/kg; Holmium oxide prices have declined by approximately 5,000 RMB/ton; Dysprosium alloy prices have decreased by about 10,000 RMB/ton.

Read more: Neodymium Oxide Prices - December 18, 2024

Molybdenum Market Overview on December 18, 2024

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The domestic molybdenum market remains stable, with increased enthusiasm among traders compared to last week, leading to a faster growth in orders. As of now, the total amount of molybdenum iron for steel procurement in December is approximately 8,200 tons.

Read more: Molybdenum Market Overview on December 18, 2024

Chinese Tungsten Market Weekly Review and Economic Policy Insights

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Analysis of latest tungsten market from Chinatungsten Online

Chinese tungsten market remains in a supply-demand stalemate with weak stability in the week ended on Friday, December 13, 2024. Limited resource availability from mines and low operating rates among tungsten chemical and powder enterprises reflect subdued alloy consumption. 

Read more: Chinese Tungsten Market Weekly Review and Economic Policy Insights

Ferro-tungsten Prices Stabilize When the Market Showed a Strong Wait-and-See Sentiment

tungsten alloy rods image

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices held steady on Monday, with the market atmosphere remaining somewhat awkward. 

Read more: Ferro-tungsten Prices Stabilize When the Market Showed a Strong Wait-and-See Sentiment

Chinese Rare Earth Market - December 16, 2024

erbium oxide image

At the start of the week, the domestic Chinese rare earth market remained flat, primarily due to downstream and end-user clients sticking to demand-driven procurement. Meanwhile, strong production cost support and the promising growth prospects of rare earth-dependent industries, such as robotics and new energy vehicles, kept many suppliers reluctant to reduce prices for sales.

Read more: Chinese Rare Earth Market - December 16, 2024

 

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