Rare earth prices continue to shock traded deserted

Due to the rare earth market demand downturn , many manufacturers and traders to reflect the business now deserted , no transaction or received only a small amount of orders . Some businesses concerned because there is no business , had to make a quote oxide reduction . Such as dysprosium oxide market , offer manufacturers and traders in succession from 1.75 million or 1.8 million positions down , today there Ganzhou suppliers dysprosium oxide from 1.75 million yuan / ton, down 173 yuan / ton, but it is understood , now less demand for dysprosium oxide , and quoted procurement requirements are also low , some of the early merchants offer price adjustment is now at 170-172 yuan / ton or less.

Neodymium oxide market, according to a trader with Ganzhou understand , now has dropped from last week's Huojia 320,000 to 310,000 yuan / ton, traders like to make adjustments there will be price from 330,000 down to 320,000 situation. Recent inquiries about neodymium oxide have less orders , vendor market outlook is expected to negatively biased .

Today, there are businesses down the quote neodymium oxide, praseodymium to 300,000 yuan / ton , as with other manufacturers and traders learned that there is indeed a part of the supplier can accept this price shipments, the mainstream price of 30-30.5 Million / tons. Because there was no demand for support , this week, some businesses have neodymium oxide, praseodymium down to 305,000 yuan / ton, to stimulate turnover , could still make a late cut .

Yttria market, prices continue to shock , with tickets now able to accept 60,000 yuan / ton shipped increased traders , according to some insiders, the actual shipping price may be lower . It is understood that last week some vendors will price down to 60,000 positions , while prices continued to fall in the latter possibility more likely.


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