Lanthanum Oxide Prices - June 1, 2020

Rare earth market quotation in China: the latest prices of europium oxide, dysprosium oxide and lanthanum oxide maintain stability in the first trading day in June on deadlocked supply and demand, and a lack of liquidity. 

On the one hand, many downstream users have already completed the purchase plan at the end of the previous month, so there are few enterprises that request inquiry, and it is difficult to support the confidence of the price increase of the holder; On the other hand, there are not many spot resources, so rare earth smelting companies keep firm prices, and the willingness to make profits is not high. As a result, consumers have a certain resistance to the current price, and the order growth rate is slow.

Prices of rare earth products on June 1, 2020

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Picture of lanthanum oxide

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