Praseodymium Neodymium Metal Prices - Dec. 9, 2019

The terbium oxide, praseodymium oxide and praseodymium neodymium metal prices in the Chinese market rise slightly despite of thin market trading. In the light rare earth market, the overall performance is poor. Under the situation of good news and insufficient stimulation, magnetic materials companies basically maintain rigid demand, but due to the constraints of the flow of spot resources and the gradual consumption of low-cost sources in the market, most suppliers offer firm prices; 

In the heavy rare earth market, the market pressure is still obvious. Although the prices of mainstream products have risen compared to the previous ones, due to the heavier resistance of downstream users to high-priced raw materials, the receiving mood is not high, and the inventory of some products is slightly increased, which has caused trades facing risk of price inversion. 

Prices of rare earth products on Dec. 9, 2019

Picture of praseodymium neodymium metal

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