China Cerium Oxide Price - March 3, 2020

The terbium oxide and neodymium oxide prices in China continue to rise while cerium oxide price keeps stable in early March. Recently, the market has been caught in heavy wait-and-see atmosphere with limited deals concluded under the interweaving of multiple positives and negatives factors. 

Prices show different trends in the light rare earth market. Some product prices climb slightly while others continue to decline as a result of imbalanced supply and demand. The heavy rare earth market is active in inquiry. Due to relatively low inventories of raw materials, downstream users become more active to purchase and thus most sellers keep firm offers. Now low-price resources are hard to be purchased.

Prices of rare earth products on March 3, 2020

Picture of cerium oxide

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