Chinese Rare Earth Price - Jun. 15, 2018

Chinese rare earth price climbs slightly this week amid the price of praseodymium oxide, praseodymium neodymium metal and europium oxide remains unchanged. 

The environmental protection inspection has been stricter since May, tightening the supply of rare earth and rising manufacturer’s production costs. At present, sellers are reluctant to sell. Downstream market starts to enter the market for purchasing when product prices are lower, which improves the relationship between supply and demand. Insiders are optimistic about the market outlook.

Prices of rare earth products on Jun. 15, 2018

Picture of praseodymium oxide

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