The rare earth market continued steady, praseodymium and neodymium stable or rise slightly

Today, rare earth market merchants offer remained stable, praseodymium and neodymium prices relatively strong, reduce businesses low-cost goods, according to the Ganzhou area of a praseodymium neodymium oxide vendor now without tickets 280000 no longer shipments, according to other praseodymium neodymium metal manufacturers to reflect, now praseodymium neodymium oxide has not come to the critical point, the non delivery also look at the price, now shipping prices relatively slightly last week raised, the current market mainstream band votes in the 32.8-33 yuan / ton. Praseodymium and neodymium metal market, this week Ganzhou area manufacturer supplier quotation has been maintained at 420000 yuan / tons, not a substantial adjustment, other traders will reflect the rise recently because the oxide, praseodymium neodymium metal price in the 425000 yuan / ton only.

Lanthanum, cerium recent market prices are still low steady, cerium oxide 3N5 there are traders quote is in 22000 yuan / ton, cerium oxide 3N with ticket prices 2-2.1 yuan / ton. Today Baotou rare earth exchange cerium oxide relative price the day before closing prices rose slightly, trading volume is low, as of 14:00, volume shows only 10 tons. Exchange and the other oxide prices are still relatively high stand, the actual transactions are less, dysprosium, terbium, europium, lutetium oxide only 50 kilograms, praseodymium and neodymium, neodymium, erbium oxide volume of less than 500 kg.

The official website of the Ministry of Finance 6 news said, will provide subsidies to because of overcapacity and serious environmental pollution and forced the closure of small businesses, and rare earth are subsidized industry list. The rare earth market excess capacity, profitability declined, according to some industry understanding of small businesses, with the speed up the rectification movement and progress of the integration of rare earth market traders, after difficult low purchasing goods, demand is not good, the business will be more difficult to do.


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