China Praseodymium Oxide Price - Jun. 5, 2020

Rare earth market quotation in China: praseodymium oxide price edges higher while neodymium oxide and praseodymium neodymium oxide price decline slightly as the market is caught in heavy wait-and-see atmosphere. 

In the light rare earth market, the fundamentals are weak. Although the epidemic situation in some countries has been effectively controlled and the production of downstream magnetic materials companies has gradually returned to normal, the demand follow-up is still insufficient, resulting in unstable manufacturers' mentality and quotations.

In the medium-heavy rare earth market, against the background of limited production release of domestic rare earth smelting companies, fewer Myanmar rare earth exports, the further tension of Sino-US relations and increased value of strategic metals, which offset the lack of downstream purchases stressing on the market, traders try to raise product prices. 

Prices of rare earth products on Jun. 5, 2020

Picture of praseodymium oxide

Follow our WeChat to know the latest tungsten price, information and market analysis.

• < Prev
• Next >