Praseodymium Oxide Prices - June 25, 2023

Rare earth market quotation in China: praseodymium oxide, neodymium oxide and praseodymium neodymium oxide prices decline while terbium oxide and dysprosium oxide prices edge higher on June 25, 2023 in the first trading day after the holiday of Dragon Boat Festival. 

The domestic rare earth market as a whole still maintains a weak operation after the festival, mainly reflected in the low sentiment of traders entering the market, sideways trading of rare earth prices, limited actual transactions, and a slight lack of confidence in the market outlook. Under the mutual influence of factors such as weak downstream demand, low spot inventory in the market, no major positive news from the policy side, and relatively large overseas geopolitical risks, the price trend of light and heavy rare earths is slightly different, that is, the price of praseodymium and neodymium is adjusted downward, and the price of dysprosium and terbium rose slightly.

Prices of rare earth products on June 25, 2023

Picture of praseodymium oxide

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