Cerium Oxide Prices - May 28, 2020

Rare earth market quotation in China: the prices of praseodymium oxide, lanthanum oxide and cerium oxide keep stable at the end of the May due to cautious sentiment of traders. Now most manufacturers control their stocks in a reasonable level, and inquiry needs to be improved. 

In the light rare earth market, the fundamentals are weak, and the downstream demand is weak, which makes the price of most light rare earth products close the cost line. However, with the support of raw material prices, the supplier's quotation has not been greatly reduced. The medium and heavy rare earth market has prices but no sales. Under the support of most positive signals such as the country's encouragement of new energy vehicle consumption and the expected increase in purchasing and storage, market prices may remain high in the short term.

Prices of rare earth products on May 28, 2020

Picture of cerium oxide

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