Neodymium Oxide Prices - September 20, 2019

Rare earth market quotation in China: terbium oxide, neodymium oxide and praseodymium neodymium metal prices continue to decline in the week began on Monday September 20, 2019 as the supply and demand sides are both weak and most traders maintain cautious mentality. 

After the Mid-Autumn Festival holiday, the news was relatively calm, and there was no significant positive signal. The willingness of downstream users to take goods was generally lower than last week. The funds were tightened and continued to be pressured. Some suppliers were less confident in the market. Mainstream rare earth products prices dropped slightly, but due to the support of production line costs and the low inventory of some products, the long-term negotiations between the two sides were in a stalemate, and the overall profit margin was not large.

Prices of rare earth products on September 20, 2019

Picture of cerium oxide

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