Chinese Rare Earth Price - April 24, 2020

Chinese rare earth price was in the upward trend in the week ended on Friday April 24, 2020 but market transactions still were hardly concluded. In the light rare earth market, although downstream magnetic companies were not active in trading, affected by rainy weather and successive introduction of favorable national policies, the confidence of suppliers in firm offers has been strengthened. Prices have risen slightly. 

For the medium and heavy rare earth market, the fundamentals have not changed much, and upstream and downstream enterprises are more cautious in their operations. Therefore, market deals are limited and product prices keep stable. 

Prices of rare earth products on April 24, 2020

Picture of cerium oxide

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