China Praseodymium Oxide Prices - Oct. 16, 2019

Rare earth market quotation in China: the latest prices of praseodymium oxide, lanthanum oxide and praseodymium neodymium oxide continue to be in the downward trend because the trading atmosphere is not good, and the completion of the order is lower than expected. 

Under the mixed factors, the gap between supply and demand is still large, and it is difficult to reach an agreement. As a result, some molybdenum ore operating plants do not enter the market to purchase. However, due to the rectification of the domestic rare earth industry, the Myanmar customs has not been opened. Also, the market now is in the busy season, most manufacturers have a strong price stability. 

Prices of rare earth products on Oct. 16, 2019

Picture of praseodymium oxide

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