PR ND Oxide Price - Mar. 28, 2018

Rare earth market quotation in China: domestic rare earth price is running steadily amid the latest price of PR ND oxide, dysprosium oxide and cerium oxide is stable. Affected by Sino-US trade friction, rare earth permanent magnet declined sharply. In the spot market, supply was relatively stable but price fell down, the same level before the Chinese New Year.

At present, traders are reluctant to reduce product prices, and some downstream factories gradually enter the market in rigid demand. The continuous game between supply and demand will stabilize rare earth price in the short term.

Prices of rare earth products on Mar. 28, 2018

Picture of PR ND oxide

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