China Europium Oxide Prices - March 4, 2020

Rare earth market quotation in China: the latest of praseodymium oxide and europium oxide prices are unchanged from the previous trading day while terbium oxide and dysprosium oxide prices continue to climb in early March. Most market participants are not willing to purchase high-price resources and thus new increased orders are rare. 

The light rare earth market continues its weakness. Under the condition that most light rare earth products are relatively abundant, the amount of light rare earth mining in the first batch of rare earth indicators issued by the country in 2020 rise slightly year-on-year, which will have a certain unfavorable impact on the market. Sellers' strong rised mentality may be affected as well as the product prices. The heavy rare earth market maintains stability partly supported by low inventories and optimistic mentality of sellers. But the is quiet and buyers are reluctant to take good.

Prices of rare earth products on March 4, 2020

Picture of europium oxide

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