China Praseodymium Oxide Price - December 21, 2020

China rare earth price is mixed at the beginning of the week on December 21, 2020 after a continuous price increase. Terbium oxide and neodymium oxide prices edge higher and praseodymium oxide price keeps stable. 

Due to the difficulty for downstream user to follow the demand in the early stage, the prices of many products have declined to varying degrees. The enthusiasm for operation has also generally increased, while upstream businesses basically maintain rational quotations. The current price of neodymium oxide is about 495,000 yuan/ton, the price of neodymium praseodymium is about 505,000 yuan/ton, the price of terbium oxide is about 6,800 yuan/kg, and the price of dysprosium oxide is deadlocked at 1,960 yuan/kg.

Prices of rare earth products on December 21, 2020

Picture of praseodymium oxide

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