Praseodymium Oxide Price - May 25, 2020

Rare earth market quotation in China: the prices of terbium oxide and dysprosium oxide rise slightly while praseodymium oxide price remains unchanged on May 25, 2020. 

In the light rare earth market, the prices of some products have been consolidated. Due to the fact that the improvement of downstream demand is still not obvious and the overseas rare earth smelting companies have gradually resumed their work, it is difficult for holders to increase their quotations and profit margins are small; In the medium and heavy rare earth market, under the influence of the deteriorating Sino-US trade environment and the strengthening of purchasing and storage expectations, the prices of mainstream products have risen, but the growth rate is slow, which shows that there is a certain resistance.

Prices of rare earth products on May 25, 2020

Picture of praseodymium oxide

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