China Neodymium Oxide Price - March 17, 2021

Rare earth market quotation in China: neodymium oxide, dysprosium oxide and praseodymium neodymium oxide prices continue to maintain stability on March 17, 2021 due to low buying appetite.

In the context of new energy vehicles, electronic products, wind power generation, new and old infrastructure and other manufacturing development expectations, and the global economic and trade environment is gradually returning to normal, most suppliers maintain firm quotations. However, they are greatly influenced by the downward pressure on prices. some products prices are hard to increase while others fell slightly. 

This week, the latest listed prices of China’s Southern Rare Earth were mixed. Specifically, the median price of gadolinium oxide was reduced by 13,000 yuan/ton, and the quotation range was 232,000 to 237,000 yuan/ton; the median price of terbium oxide was increased by 50,000 yuan/ton, and the quotation range was 9.85-9.95 million yuan/ton; the median price of dysprosium oxide was raised by 40,000 yuan/ton, and the quotation range was between 3.05 and 3.1 million yuan/ton; the median price of holmium oxide was lowered by 50,000 yuan/ton, and the quotation range was between 9.7 and 1 million yuan/ton.

Prices of rare earth products on March 17, 2021

Picture of cerium oxide

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