Praseodymium Oxide Prices– August 29, 2019

Details: Category: Tungsten's News; Published on Monday, 02 September 2019 10:39

The europium oxideand praseodymium oxide prices in Chinese rare earth market are unchanged from the previous trading day owing to thin market trading and heavy wait-and-see atmosphere. For light rare earth market, the overall trading activity has increased slightly. During the National Day, the market is expected to stop production and emission reductions. In addition, due to the end of the traditional off-season, the holders will slowlyriseproduct prices.

In the medium and heavy rare earth market, the market performance is still unsatisfactory. Under the background of the Fanya incident and the implementation of relevant policies, the downstream demand is sluggish. However, due to the impact of the early closure of rare earths in Myanmarand extreme weather in China, the supply of goods is still in a tight state. Traders are cautious now.

Prices of rare earth products on Aug. 29, 2019

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