Cerium Oxide Prices - Dec. 19, 2019

Rare earth market quotation in China: europium oxide, lanthanum oxide and cerium oxide prices maintain stability on Dec. 19, 2019 when market trading activity is low. 

In the light rare earth market, the fundamental performance is weak, influenced by factors such as no major news stimulus on the policy side and the slow development of the new energy automobile industry. The downstream rare earth plants are more cautious in restocking and purchasing goods, and the overall sales are not ideal. Supported by cost, most holders hold firm offers and are unwilling to cut profits. 

In the medium and heavy rare earth market, prices are in the upward trend under the ban of Myanmar mines imports and a slight easing of Sino-US trade friction. suppliers are not active in selling products. And now it is difficult to fins low-cost resources in the market.

Prices of rare earth products on Dec. 19, 2019

Picture of cerium oxide

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