Neodymium Oxide Price - Oct. 30, 2017

Details: Category: Tungsten's News; Published on Monday, 30 October 2017 17:06; Written by Shuxia; Hits: 411

Rare earth market quotation: The whole rare earth market in China stabilizes amid praseodymium oxide and neodymium oxide price continue to edge lower.

It is reported that the government will carry out the purchasing and storage. It should be favorable news for the market, but from the point of view, the support is limited. Under the background of weak demand in the downstream market, most traders wait and see, and rare earth price is hard to rebound. However, with the consumption of domestic stocks and the expectation of improving of supply, trading volumes have increased in recent rare earth market. Chinatungsten Online expects that the rare earth price will remain the current trend in the short term.

Price of rare earth products on Oct. 30, 2017

rare earth price picture