Lanthanum Oxide Price - October 10, 2022

Rare earth market quotation in China: neodymium oxide, lanthanum oxide and dysprosium oxide prices remain stable on October 10, 2022. Under the influence of many uncertain factors, the negotiation atmosphere between buyers and sellers is relatively stalemate, so the market buying and selling atmosphere is weak, the order growth is slow and the market outlook is uncertain.

According to Chinatungsten Online, the positive factors include: the National Day holiday has just ended, and downstream users still need to replenish their warehouses; due to the fact that the epidemic has not subsided in some areas and the arrival of the National Day holiday, the output of many rare earth manufacturers has been reduced; And the current rare earth raw materials are still at a relatively low level, and holders of strong quotations generally have a strong psychology. The negative factors are mainly that the market demand is lower than expected and the support effect of favorable policies is limited.

In terms of news: the total production capacity of NdFeB blanks before Yingluohua was about 13,000 tons; the production and sales of NdFeB in the first half of the year increased compared with the same period last year. Some of the new production lines have basically completed construction, and it is expected that the production capacity of about 1,000 tons will be put into operation in early 2023.

Prices of rare earth products on October 10, 2022

Picture of cerium oxide

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