Listed Prices of Northern Rare Earth - June 10, 2022

There was no significant change in the overall China rare earth market this week began on Monday June 6, 2022. At the beginning of the week, affected by the end of the Dragon Boat Festival and the unblocking of Shanghai, the prices of mainstream light and heavy rare earth products remained basically stable, with a small increase in some cases. 

Near the weekend, the listed prices of Northern Rare Earth were not very impressive and due to the slow follow-up of downstream demand, the prices of praseodymium, neodymium, dysprosium and terbium products have declined.

According to Chinatungsten Online, the positive factors are: as the epidemic situation in Shanghai and other places gradually eases, the resumption of production and resumption of the market is accelerated, the downstream rare earth market such as the auto market slowly resumes normal production, coupled with the relevant policies to rescue the market and the supply of rare earth raw materials It is difficult to increase, and the price of rare earth is expected to rise again in the future; the negative factors include: the global economic recovery has not been fully stabilized and the current price of rare earth raw materials is still relatively high, which will greatly affect the desire of downstream users to enter the market for inquiries and purchases.

Prices of rare earth products on June 10, 2022

Picture of europium oxide

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

• < Prev
• Next >