Neodymium Oxide Price - September 27, 2020

Rare earth market quotation in China: the terbium oxide, praseodymium oxide and neodymium oxide prices decline slightly on September 27, 2020 as market activity is low with the approaching of the holiday. 

In the light rare earth market, the overall transaction is acceptable. Although as the National Day approaches, many downstream magnetic companies postpone their purchase plans until after the holiday, but due to the recent decline in the prices of mainstream products, coupled with the obvious release of production capacity of some smelting companies, it has attracted a small number of consumers to purchase. Supported by costs, there is limited room for price drops. In the medium and heavy rare earth market, the fundamentals are relatively calm. The downstream rare earth separation companies generally maintain the rhythm of just-needed procurement, and the wait-and-see sentiment is strong. Due to capital pressure, the quotation was slightly lowered.

Prices of rare earth products on September 27, 2020

Picture of neodymium oxide 

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