Neodymium Oxide Price – Aug. 21, 2017

Rare earth industry in China gradually revealed a trend of rational adjustment, and quotations vary widely. The early surge of prices caused by speculation led to the concern of the Ministry of Industry and Information Technology and industry associations.

In order to avoid adverse effects of the rare earth industry and downstream applications, businesses to choose sell at profitable price, removing the moisture in the market. Thinking that the short-term shock adjustment is inevitable, part of the middle traders maintain cautious when buying funds.

Price of rare earth products on Aug. 21, 2017

Picture of neodymium oxide

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