Cerium Oxide Price - Feb. 10, 2022

Rare earth market quotation in China: neodymium oxide and praseodymium neodymium oxide prices edge higher while cerium oxide price maintains stability on Feb. 10, 2022 when the whole market trading is active. 

In the light rare earth market, the price of mainstream products has risen significantly. Although many rare earth smelting and separation enterprises still maintain normal production during the Spring Festival holiday, it is still difficult to alleviate the short-term tight supply of praseodymium and neodymium products, coupled with the gradual resumption of work by downstream magnetic material enterprises The resumption of production will increase the demand for praseodymium and neodymium products, which is more conducive to supplier quotations.

In the medium and heavy rare earth market, affected by the blocked mine imports in Myanmar and the limited production of domestic rare earth mining enterprises, the bullish sentiment of the holders is generally strong. However, due to the current high rare earth prices, downstream users have basically maintained their just-needed purchases.

Prices of rare earth products on Feb. 10, 2022

Picture of cerium oxide

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