Neodymium Oxide Prices - Feb. 25, 2020

Rare earth market quotation in China: prices of DyFe and terbium oxide rise slightly while neodymium oxide and praseodymium neodymium oxide prices decline with the different influences of coronavirus for different regions. 

In the light rare earth market, the market performance is weak. Due to the gradual improvement of the epidemic, the operation of northern rare earth smelters has generally returned to normal and the rate of capacity release has accelerated. The prices of neodymium metal and its oxide products have been slightly reduced; the overall trend in the heavy-duty rare earth market is still strong. Although many companies in the south have resumed production, it is still difficult to alleviate the crisis in the supply of mainstream products, mainly due to import restrictions from Myanmar.

Prices of rare earth products on Feb. 25, 2020

Picture of neodymium oxide

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