Neodymium Oxide Price - July 8, 2020

Rare earth market quotation in China: neodymium oxide, praseodymium neodymium oxide and praseodymium neodymium metal prices climbed slightly when market becomes active. But considering the deadlocked supply and demand, the whole market trading is thin. 

The fundamental side in the light rare earth market is strong now. Due to the recent high temperature, heavy rain and continuous increase in environmental protection inspections, the operating rate of many rare earth smelting companies has slowed down, prompting a slight increase in mainstream product quotations. The heavy rare earth market has generally stabilized. With the supply and demand sides in a relatively balanced state, market prices have not fluctuated for the time being. This week, the listed price of the South Rare Earth rose slightly.

Prices of rare earth products on July 8, 2020

Picture of europium oxide

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