Praseodymium and Neodymium Metal Prices - Dec. 5, 2019

The praseodymium oxide, dysprosium oxide and praseodymium and neodymium metal prices in the Chinese market edge higher on Dec. 15, 2019. With the limited release of light and heavy rare earth ore production capacity and the low raw material inventory of downstream users, the prices of some products have been pushed up slightly, but the actual transactions are still weak. 

Recently, due to factors such as the blackout of the rare earth industry, environmental protection supervision, continuous rectification, and cooling weather, the mining difficulty of rare earth mining companies has slightly increased, and the supply of raw materials has contracted. The company's ability to receive goods is slightly insufficient, resulting in a certain squeeze on product profits.

Prices of rare earth products on Dec. 5, 2019

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Picture of praseodymium and neodymium metal

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