Praseodymium Neodymium Metal Prices - October 28, 2019

Rare earth market quotation in China: the latest prices of neodymium oxide, praseodymium neodymium oxide and praseodymium neodymium metal are in the downward trend in late October due to continued weakness in the demand side and capital shortage of some traders. But affected by high production costs and environmental checks, mainstream manufacturers keep firm offers.

On October 25, China's Northern Rare Earth released the report of third quarter 2019. The company achieved operating income of 14.085 billion yuan in the first three quarters, up 51.18% year-on-year; net profit attributable to shareholders of listed companies was 461 million yuan, up 21.56% year-on-year; basic earnings was 0.1269 yuan / share, an increase of 22.02%.

Prices of rare earth products on Oct. 28, 2019

Picture of praseodymium neodymium metal

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