Rare Earth Price - Dec. 12, 2017

Rare earth market quotation: Chinese rare earth price continued to decline amid the price of dysprosium oxide, praseodymium neodymium oxide and praseodymium neodymium metal edged lower. 

State Reserve Bureau’s storage and purchasing has been an important factor supporting the current market price. Before the latest news of policy and news, the deadlocked relationship between supply and demand will continue, which would stress raw material prices. Downstream purchasing enthusiasm is still weak despite willingness of stocking up before the New Year's Day improves.

Prices of rare earth products on Dec. 12, 2017

Picture of PR ND oxide

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