Praseodymium Oxide Price - May 31, 2021

Rare earth market quotation in China: cerium oxide, praseodymium oxide and praseodymium neodymium oxide prices continued their upward trend in the last trading day on May 31, 2021 with low trading activity and limited deals concluded. 

From January to April 2021, the profits of equipment manufacturing industry and high-tech manufacturing industry increased by 90.8% and 88.5% year-on-year respectively, driving the profits of industries above designated size by 29.7 and 16.2 percentage points respectively; the two-year average growth rate was 23.2% and 38.9% respectively, 0.9 and 16.6 percentage points higher than those of the industrial enterprises above designated size.

Prices of rare earth products on May 31, 2021

Picture of lanthanum oxide

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