RE market demand is low, prices are still down-

RE market continued downturn shock situation , quotes from different suppliers have reduced the magnitude of the business than the consensus that the current sluggish market demand is the main reason for the price drop .

Praseodymium , neodymium market , prices continue to occur today, down, according to Ganzhou suppliers now offer feedback praseodymium neodymium metal lower than last week, five 1000-415000 yuan / ton, while neodymium oxide, praseodymium quotes were also lowered equal magnitude , currently quoted at about 320,000 yuan / ton. Through with other local manufacturers and traders to understand , in March to the metal and praseodymium neodymium oxide prices are basically slightly downward.

In addition to the class of praseodymium , neodymium , dysprosium, gadolinium oxide and alloy prices is also a slight adjustment to the price quoted most rare breed early return. Currently dysprosium oxide market vendors will bring ticket prices down to 170 yuan / ton , down nearly 50,000 yuan / ton over last week's quote . Supplier reflect business deserted , rarely find goods . Today's quote comes from the manufacturers of gadolinium- iron slightly loose, albeit not too much , about 2-3 thousand dollars / ton, it can be seen that the current procurement needs strong enough , can only choose suppliers cut prices to stimulate demand .

Due to poor business , manufacturers and traders can properly transferring profits, nearly two weeks , praseodymium , neodymium, erbium, yttrium, terbium oxide prices were lowered to different extents . Shen grass praseodymium oxide market , traders have continued to fall today quoted to 580,000 yuan / ton , which is the continuing downward price adjustment after last week's offer, but also manufacturers offer a smooth , mainstream price 58-60 yuan / ton. Neodymium , erbium oxide is currently stable or lower price than last week, about $ 5,000 / ton. Yttria transaction on the market fell to 55,000 or less , fewer and fewer corporate profits.


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