China Rare Earth Price - March 18, 2021

China rare earth price falls slightly on March 18, 2021 affected by low consumption of downstream buyers. But with good expectation for global energy industry and favorable policies from the government, prices of mainstream products keep firm. 

The current price of neodymium praseodymium oxide is about 580,000 yuan/ton, the price of neodymium praseodymium oxide is about 720,000 yuan/ton, the price of terbium oxide is about 9,900 yuan/kg, and the price of dysprosium-iron alloy is about 2,980,000 yuan/ton.

In the news: From January to February 2021, the production and sales of new energy vehicles will be 317,000 and 289,000 respectively, a year-on-year increase of 3.9 times and 3.2 times respectively. Among them, the production and sales of new energy vehicles reached 124,000 and 111,000 in February, down 36.2% and 38.8% month-on-month, and up 7.2 times and 5.8 times year-on-year.

Prices of rare earth products on March 18, 2021

China rare earth price image

Picture of lanthanum oxide

lanthanum oxide image

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