Lanthanum Oxide Price - October 17, 2022

At the beginning of the week, China’s europium oxide, neodymium oxide and lanthanum oxide prices are unchanged from last week as the whole market keeps quiet. 

Under the circumstance that downstream users basically maintain just-in-demand procurement and the supply of rare earth raw materials is difficult to increase, the investor's operating mood is general, so the market trading activity is low and the probability of a good market outlook is low. However, with the continuous support of production costs and favorable policies, the willingness of suppliers to let prices is basically low.

In terms of news: The 20th National Congress proposed that actively and steadily promoting carbon peaking and carbon neutrality and consolidating and improving the integrated national strategic system and capabilities will contribute to the development of my country's new energy, national defense and military fields, and thus increase market demand for rare earths. The amount of functional material.

Prices of rare earth products on October 17, 2022

Picture of lanthanum oxide

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