China Cerium Oxide Price - September 21, 2020

Rare earth market quotation in China: praseodymium neodymium oxide and metal prices edge lower while cerium oxide price keeps stable in late September under cautious sentiment of market participants. 

In the light rare earth market, the fundamentals are still weak. In the traditional peak season of consumption, downstream users' desire to consume has increased, which will bring greater benefits to the market. Traders are more willing to keep firm offers, and mainstream product prices may not fall sharply in the short term. In the medium and heavy rare earth market, the spot price has a tentative upward trend. Under the situation that the inventory of the downstream rare earth separation plant is gradually bottoming out, buyers' sentiment in inquiries for entering the market has increased slightly, prompting a active atmosphere in the market. The price of dysprosium oxide is around 1,720 yuan/kg.

Prices of rare earth products on September 21, 2020

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Picture of cerium oxide

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