China Rare Earth Prices - Aug. 22, 2019

Rare earth prices in China are slowly rising, especially the prices of praseodymium neodymium oxide products. the market now is caught in wait-and-see atmosphere and insiders become optimistic about the outlook. 

Due to the impact of environmental protection, rectification, high temperature and rainy climate and the parade blue, the exploitation of mineral resources is decreasing while production cost is increasing. sellers' confidence is boosted to keep firm offers. at the end of this month, downstream merchants actively entered the market to enquire and purchase, and the market turnover increased gradually.

Prices of rare earth products on Aug. 22, 2019

China rare earth prices image

Picture of neodymium oxide

neodymium oxide image

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