Lanthanum Oxide Price - November 9, 2020

Rare earth market quotation in China: europium oxide, lanthanum oxide and cerium oxide prices are in the upward trend in the middle of November. As global economic environment is still complex, the seller's market has a greater advantage, and the overall buying and selling atmosphere is optimistic.

First, under the stimulus that pure electric vehicles in China will become the mainstream of new sales vehicles in the next 15 years, suppliers have strengthened their rised mentality. Therefore, the prices of mainstream light and heavy rare earth products are currently at a relatively high position; Second, under the low inventory of some raw materials, many downstream users are willing to complete the purchase plan ahead of schedule at the end of this year, which has a strong supportive effect on the strengthening of market confidence. Third, the US presidential candidate has been published, emerging markets are expected to improve, which will have a positive impact on A shares to a certain extent. Hot money is willing to enter the market, so the atmosphere in the market is more active.

China exported 2288.3 tons of rare earths in October, an increase of 14.24% from 2003 tons in September, with a value of 150 million yuan. From January to October, 28,668.9 tons of rare earths were exported, down 28.4% year-on-year, and the amount was 1.93 billion yuan, according to the latest news from the General Administration of Customs.

Prices of rare earth products on November 9, 2020

Picture of terbium oxide

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

• < Prev
• Next >