China Praseodymium Oxide Prices - April 8, 2020

The neodymium oxide, lanthanum oxide and praseodymium oxide prices in China continue to decline when the listed prices of Southern Rare Earth lower compared with last time. In terms of downstream demand, due to the impact of the new coronavirus, most merchants indicated that their orders have been impacted to a certain extent, and that some overseas countries are currently in a state of closure, which has a certain adverse effect on some of China’s export-oriented enterprises.

For the upstream market, the supply of most products is increased due to the weak demand side. The prices of praseodymium neodymium products, dysprosium and terbium products have declined. Most insiders hold a negative view on the market outlook.

Prices of rare earth products on April 8, 2020

Picture of praseodymium oxide

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