The rare earth market steady, part of the business of the wait-and-see attitude

The rare earth market steady, part of the business of the wait-and-see attitude on the market outlook is expected to hold or partial negative, praseodymium and neodymium metal and oxide market continued steady, downstream magnetic reflect manufacturers now prices are still low, low price stalemate. Since August the price of long-term to maintain stable prices of raw materials, in early August, although slightly higher, but did not cause too much impact on the downstream magnetic processing products.

Praseodymium, neodymium, erbium oxide current transactions in general or poor, this week there is no basic price adjustment. The grass sink praseodymium oxide with tickets 52.5-53 yuan / ton, Shanghai area suppliers have high price in 550000 yuan / ton. Erbium oxide prices have been shock at around 285000, the price is slightly higher neodymium oxide.

Europium, terbium products market, currently on the market price is a mess, the price gap is large, individual traders offer much higher than the mainstream price and is in no hurry to shipment, otherwise the stock traders also said, the market is too poor now, shipping low profits, so the provisional wait have a look. It is understood as part of the business of Ganzhou area, the europium oxide with ticket still is in 2700-2800 yuan / kg and terbium oxide with ticket in 2600 yuan / kg.


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