Cerium Oxide Price - December 27, 2021

Rare earth market quotation in China: lanthanum oxide, cerium oxide and praseodymium neodymium metal prices keep stable and strong on December 27, 2021. As the end of the year is approaching, due to the tight liquidity, although downstream users hesitate to purchase orders and make the transaction less than expected, it is still difficult to offset the confidence brought by the positive factors to the suppliers.

According to Chinatungsten Online, favorable factors include lower temperature and higher environmental protection requirements, which have led to limited production of rare earth mining enterprises; affected by the news of the establishment of the China Rare Earth Group and the unoptimistic expectations of future Myanmar mine imports, many suppliers are more price-conscious powerful.

In the news: "The Yellow Book of the World Economy: Analysis and Forecast of the World Economic Situation in 2022" pointed out that in the medium and long term, the world is still on a medium-to-low growth trajectory, and the world economic growth rate will remain at 3.0% to 3.5% in the next 3 to 5 years.

Prices of rare earth products on December 27, 2021

Picture of praseodymium oxide

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