Cerium Oxide Price - Oct. 21, 2019

Rare earth market quotation in China: the latest prices of terbium oxide,  dysprosium oxide and praseodymium neodymium metal declined slightly while cerium oxide price was unchanged from the previous trading day. Most rare earth prices in China were in the downward trend and traders mainly took a watchful stance. 

At present, due to the relatively weakness of the global manufacturing industry, the macroeconomic environment is facing a certain slowdown pressure. There is a certain amount of low-cost supply in the field, and the pressure on purchasers is relatively small. At the same time, in some areas, rare earth smelters have experienced a reduction or discontinuation of production, and the market spot supply may be gradually reduced in the future.

Prices of rare earth products on Oct. 21, 2019

Picture of cerium oxide

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