China Rare Earth Price - July 14, 2020

China rare earth price continues to mix in the week began on Monday July 13, 2020. Praseodymium oxide price declines slightly while neodymium oxide price edges higher. Now the whole market is weak and market trading is low. 

In the light rare earth market, the overall performance is good. Under the background of high temperature, heavy rain and environmental protection, rare earth mining companies have a greater difficulty in mining. Coupled with the recovery of the downstream new energy vehicle market, the holders are more optimistic. , The quotation is slightly increased; the medium and heavy rare earth market has prices but no sales, the demand for downstream magnetic materials companies is weak, although it has brought a lot of pressure to boost market confidence. Supported by the State Reserve’s expectations and the light rare earth market sentiment, mainstream mining companies still maintain firm quotations, and the willingness to make profits is not strong.

Prices of rare earth products on July 14, 2020

China rare earth price image

Picture of cerium oxide

cerium oxide image

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