Rare Earth Price - Nov. 21, 2017

Rare earth market quotation: Chinese rare earth price declined slightly last week as the uncertain news of purchasing and storage weakened market confidence. The price of praseodymium, neodymium, dysprosium and other rare earth products favored a pullback. 

The deadlocked rare earth market will continue this week. At present, there have adequate stocks in the buyers’ market, with low willingness of purchases. While sellers are expected the short supply after the purchasing and storage of State Reserve Bureau. Taken together, confidence of raw material market is unsupportive and financial strain at the year-end increases apparently. As a result, the short term rare earth price will continue to maintain weak adjustment.

Price of rare earth products on Nov. 21, 2017

Picture of terbium oxide

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