Praseodymium Neodymium Oxide Prices - Aug. 26, 2019

Rare earth market quotation in China: the latest prices of terbium oxide, praseodymium neodymium oxide and neodymium oxide declined slightly on weak market confidence and cautious sentiment of traders. 

Due to domestic order of rare earth industry and the impact of typhoon and heavy rains, rare earth plants in many provinces have reduced production, so market supply is limited. Some mainstream rare earth products are in a shortage. Suppliers have strong rised mentality, plus with active inquiry from downstream at the end of this month, insiders now are optimistic about the outlook. 

Prices of rare earth products on Aug. 26, 2019

Picture of praseodymium neodymium oxide

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