B · Normal
[Baotou Rare Earth Exchange: Prices of mainstream rare earth products fell slightly today] September 15th, according to the Baotou Rare Earth Products Exchange, prices of mainstream rare earth products fell slightly today. The average price of praseodymium and neodymium oxide was 729,300 yuan/ton, down 1,300 yuan/ton; the average price of metal praseodymium and neodymium was 882,800 yuan/ton, down 1,400 yuan/ton; the average price of dysprosium oxide was 1,425,600 yuan/ton, down 11,100 yuan/ton; the average price of terbium oxide was 6,665,000 yuan/ton, down 0,600 yuan/ton. There is less transaction information on praseodymium oxide, neodymium oxide, lutetium oxide, europium oxide, lanthanum cerium oxide and other products today, so please refer to it with caution. At present, the rare earth market continues to fluctuate and adjust. The quotations of major manufacturers of praseodymium and neodymium products are generally stable. A few traders have lowered prices to promote transactions. However, orders from magnetic material manufacturers are lower than expected, and most of them maintain low inventory. The overall purchasing willingness of the market is weak. In fact, the transactions are mainly for rigid needs. In terms of medium and heavy rare earths, the prices of dysprosium oxide and terbium oxide continued to fall, while the prices of other products remained stable overall. Taken together, trading in the rare earth market is at a stalemate, with most businesses maintaining a wait-and-see attitude, and prices are expected to remain within a narrow range in the short term.
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