Cerium Oxide Price - Dec. 26, 2018

Rare earth market quotation in China: praseodymium neodymium metal price dropped slightly as praseodymium and neodymium manufacturers have strong willingness in sales due to weak demand and capital shortage. But cerium oxide and praseodymium oxide prices remained unchanged from the previous trading day.

Before the holiday of New Year’ Day, downstream orders are not expected to increase and purchasers still remain low trading activity. At the same time, seller’ market have confidence in the benefits brought from environmental protection and thus they are reluctant to sell at low prices. This week, China rare earth market will continue to keep quiet. 

Prices of rare earth products on Dec. 26, 2018

Picture of cerium oxide

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