Cerium Oxide Price - January 24, 2022

At the beginning of the week, China’s domestic rare earth market maintained stable operation as a whole. Prices of europium oxide, lanthanum oxide and cerium oxide are unchanged from last week. 

Under the influence of tightening environmental protection policies and low temperature, the production of rare earth mining enterprises has been greatly restricted, so the output is relatively small, which is conducive to the quotation of suppliers. In addition, as the New Year is approaching, logistics and transportation have slowed down, which has increased to a large extent. The desire of downstream users to enter the market in advance is the main reason why the recent product price can maintain a high level.

In terms of news: China's rare earth permanent magnet exports in 2021 will be 48,765.588 tons, a year-on-year increase of 35.5%, setting a record, and exceeding 40,000 tons for the first time and greatly exceeding and approaching 50,000 tons.

Prices of rare earth products on January 24, 2022

Picture of cerium oxide

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