China Rare Earth Price - February 6, 2023

At the beginning of the week, the overall China rare earth price has not changed significantly. Although the Spring Festival and the Lantern Festival have just ended, some downstream companies have not yet fully resumed normal production, resulting in a relatively small actual transaction volume.

 With the good support of the development of industries such as praseodymium, neodymium, dysprosium and terbium, the prices of praseodymium, neodymium, dysprosium and terbium products generally remained firm.

In terms of news: The "Notice on the Implementation Plan of Shanxi's Carbon Peak Peak" proposes that by 2025, the proportion of non-fossil energy consumption will reach 12%, the proportion of new energy and clean energy installed capacity will reach 50%, and the proportion of power generation will reach 30%; In 2025, the installed capacity of wind power and photovoltaic power generation will reach about 80 million kilowatts, and in 2030 it will reach about 120 million kilowatts.

Prices of rare earth products on February 6, 2023

Picture of neodymium oxide

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

• < Prev
• Next >