Holmium Oxide Prices - December 2, 2024

At the beginning of the week, the domestic Chinese rare earth market showed average performance. Factors such as downstream users mainly maintaining just-in-time purchasing and strong production cost support led suppliers to generally keep stable prices. 

The prices for praseodymium-neodymium oxide, terbium oxide, and holmium oxide were around 415,000 CNY per ton, 5,800 CNY per kilogram, and 500,000 CNY per ton, respectively. Under this situation, market transaction volumes were relatively low, and industry players were focusing on the listing prices from Northern Rare Earth for this month.

Market News:

According to Caijing Toutiao App:

In November, Xiaomi's SU7 model delivered over 20,000 units.

NIO delivered 20,575 units, a year-on-year increase of 28.9%. From January to November, NIO delivered 190,832 units.

Li Auto delivered 48,740 units, a year-on-year increase of 18.8%. From January to November, Li Auto delivered 441,995 units.

Xpeng Motors delivered 30,895 units, a year-on-year increase of 54%, achieving a new single-month delivery record for three consecutive months.

Leap Motor delivered 40,169 units, a year-on-year increase of 117%. From January to November, Leap Motor delivered 251,207 units.

Zeekr delivered 27,011 units, a year-on-year increase of 106%.

Prices of rare earth products on December 2, 2024

Picture of neodymium oxide

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