China Rare Earth Price - July 10, 2020

China rare earth price showed different trends in the week ended on Friday July 10, 2020 under the interweaving of positive and negative factors. The transaction frequency between buyers and sellers was not very high, so the market atmosphere was relatively calm. 

In the light rare earth market, the fundamentals were general. Under the recovering downstream market and low inventories of some products, prices of praseodymium and neodymium oxide products has increased slightly. However, due to the different psychological prices between buyers and sellers, actual transactions were not increased. The medium and heavy rare earth market had prices but no sales. Against the background of limited imports and the slow mining speed of domestic mines, suppliers generally had a strong sense of expectations, but the magnetic material companies had a slightly insufficient ability to take goods, so the market prices were mixed.

Prices of rare earth products on July 10, 2020

Picture of cerium oxide

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