Lanthanum Oxide Price - May 5, 2022

Rare earth market quotation in China: cerium oxide, europium oxide and lanthanum oxide prices maintain stability on the whole after the holiday of May Day. 

From the supply side, affected by factors such as the May Day holiday and the relative tension of overseas epidemics, the growth rate of spot inventories in China's rare earth market is not very fast, which is conducive to suppliers' quotations; from the demand side, with the development of new energy vehicles With the development of rare earth downstream industries such as hydrogen energy and wind turbines, the amount of rare earth functional materials has also increased, which can largely boost the confidence of traders.

News: The latest statistics from the China Rare Earth Industry Association show that in the first quarter of 2022, the output of sintered NdFeB blanks was 68,500 tons, an increase of 30% year-on-year; the output of bonded NdFeB was 2,520 tons, an increase of 20% year-on-year; the output of samarium cobalt magnets 865 tons, a year-on-year increase of 44%; the output of petroleum catalytic cracking catalysts was 55,000 tons (excluding foreign-funded enterprises), a year-on-year increase of 9%; the output of motor vehicle exhaust purifiers was 4.9 million liters (excluding foreign-funded enterprises), a year-on-year increase of 25.6%; LED The output of phosphors was 146 tons, a year-on-year decrease of 3.3%; the output of trichromatic phosphors was 185 tons, a year-on-year decrease of 8.9%; the output of long afterglow phosphors was 58 tons, a year-on-year increase of 1.7%; the output of rare earth hydrogen storage materials was 2,070 tons, a year-on-year decrease of 10.2%; The output of rare earth polishing materials was 9,550 tons, a year-on-year increase of 10.1%.

Prices of rare earth products on May 5, 2022

Picture of lanthanum oxide

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