China Neodymium Oxide Price - Jan. 6, 2020

Rare earth market quotation in China: the latest of europium oxide and praseodymium oxide prices decline slightly while neodymium oxide price edge higher. The enthusiasm of downstream users for inquiries and purchases is relatively low, and actual transactions are rare. 

Recently, due to the arrival of Christmas and New Year's Day, magnetic materials companies are generally more hesitant to invest. Coupled with the approaching of Spring Festival, the sluggish demand side is difficult to improve in the short term. Most suppliers offer reasonable prices. Supported by cost, there is limited room for market price reduction.

Prices of rare earth products on Jan. 6, 2020

Picture of neodymium oxide

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