Neodymium Oxide Price - July 13, 2022

Rare earth market quotation in China: terbium oxide, praseodymium oxide and neodymium oxide prices decline slightly on July 13, 2022. In the case of long-term weak demand from downstream users, many suppliers have high panic, mainly reflected in the relatively chaotic quotations and some companies suspending quotations. Under this background, some industry players are bearish on the market outlook.

In the light rare earth market, the price of praseodymium and neodymium has dropped most obviously, and the actual transaction volume is not much, mainly because the buyer's willingness to receive goods is low and the buyer's profit-taking psychology is strong. As a result, it is difficult to increase the supply of praseodymium and neodymium raw materials, so there is still a possibility of stabilization and rebound in the future.

In the medium and heavy rare earth market, the price decline of dysprosium and terbium has slowed down, the downstream users are not strong and the light rare earth market is weak, all of which are the reasons why the price of medium and heavy rare earths is difficult to rise. However, under the support of production costs and limited spot inventory, holders have a strong sense of quotation.

In terms of news: the listing price of rare earths in the north this month shows that the listing price of lanthanum oxide is lowered by 10,000 yuan / ton to 9,800 yuan / ton; the listing price of cerium oxide is lowered by 1,000 yuan / ton to 9,800 yuan / ton; praseodymium and neodymium oxide The listing price was lowered by 1,300 yuan / ton to 812,600 yuan / ton; the metal praseodymium and neodymium listed price was lowered by 1,500 yuan / ton to 990,500 yuan / ton; the listed prices of other products were not adjusted.

Prices of rare earth products on July 13, 2022

Picture of metal terbium

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