Rare earth price trend in November 2023
Rare earth price trend in November 2023
1、 Rare earth price index
Trend chart of rare earth price index in November 2023
In November, the rare earth price index showed a slow downward trend overall. The average price index for this month is 218.0 points. The highest price index was 223.1 points on November 6th and the lowest was 213.7 points on November 22nd. The difference between high and low points is 9.4 points, with a fluctuation range of 4.3%.
2、 Middle yttrium rich europium ore
The average price of yttrium rich europium ore in November was 234000 yuan/ton, a decrease of 4.6% compared to the previous month.
3、 Main rare earth products
（1） Light rare earth
In November, the average price of praseodymium neodymium oxide was 505000 yuan/ton, a decrease of 3.3% compared to the previous month;
The average price of praseodymium neodymium is 619900 yuan/ton, a decrease of 3.6% compared to the previous period.
Price trend of praseodymium neodymium oxide and praseodymium neodymium metal in November 2023.
In November, the average price of neodymium oxide was 514600 yuan/ton, a decrease of 3.1% compared to the previous month;
The average price of neodymium is 631300 yuan/ton, a month on month decrease of 3.3%.
The price trend of neodymium oxide and metallic neodymium in November 2023
In November, the average price of praseodymium oxide was 514600 yuan/ton, a decrease of 2.9% compared to the previous month. The average price of 99.9% lanthanum oxide was 4000 yuan/ton, a month on month decrease of 15.6%. The average price of 99.99% europium oxide was 198000 yuan/ton, unchanged from the previous month.
2） Heavy rare earth elements
In November, the average price of dysprosium oxide was 2.5932 million yuan/ton, a decrease of 3.4% compared to the previous month;
The average price of dysprosium iron was 2.5282 million yuan/ton, a decrease of 3.1% compared to the previous period.
The price trend of dysprosium oxide and dysprosium iron in November 2023
In November, the average price of 99.99% terbium oxide was 7.7484 million yuan/ton, a decrease of 7.3% compared to the previous month;
The average price of metallic terbium was 9.8171 million yuan/ton, a decrease of 6.9% compared to the previous period.
The price trend of terbium oxide and metallic terbium in November 2023
In November, the average price of holmium oxide was 546200 yuan/ton, a decrease of 11.1% compared to the previous month;
The average price of holmium iron was 562000 yuan/ton, a decrease of 10.7% compared to the previous period.
The price trend of holmium oxide and holmium iron in November 2023
In November, the average price of 99.999% yttrium oxide was 45000 yuan/ton, unchanged from the previous month. The average price of erbium oxide was 286500 yuan/ton, a decrease of 5.7% compared to the previous period.
Comparison of the average price of major rare earth products in China in November 2023
Unit: yuan/kg
| Product Name | Purity | November 2023 average price | October 2023 average price | Ring |
| Lanthanum oxide | ≥99% | 4.00 | 4.74 | -15.6% |
| Cerium oxide | ≥99% | 4.74 | 4.74 | 0.0% |
| praseodymium oxide | ≥99% | 514.58 | 529.68 | -2.9% |
| neodymium oxide | ≥99% | 514.58 | 531.26 | -3.1% |
| Neodymium metal | ≥99% | 631.26 | 652.63 | -3.3% |
| Samarium oxide | ≥99.9% | 15.00 | 15.00 | 0.0% |
| Europium oxide | ≥99.99% | 198.00 | 198.00 | 0.0% |
| Gadolinium oxide | ≥99% | 262.53 | 287.21 | -8.6% |
| Gadolinium iron | ≥99%Gd75%±2% | 252.74 | 277.21 | -8.8% |
| Terbium oxide | ≥99.9% | 7748.42 | 8359.47 | -7.3% |
| Terbium metal | ≥99% | 9817.11 | 10545.00 | -6.9% |
| Dysprosium oxide | ≥99% | 2593.16 | 2683.16 | -3.4% |
| Dysprosium metal | ≥99%Dy80% | 2528.16 | 2607.89 | -3.1% |
| Holmium oxide | ≥99.5% | 546.16 | 614.37 | -11.1% |
| Holmium iron | ≥99%Ho80% | 561.95 | 629.58 | -10.7% |
| Erbium oxide | ≥99% | 286.53 | 303.84 | -5.7% |
| Ytterbium oxide | ≥99.99% | 101.00 | 101.00 | 0.0% |
| Lutetium oxide | ≥99.9% | 5550.00 | 5550.00 | 0.0% |
| Yttrium oxide | ≥99.999% | 45.00 | 45.00 | 0.0% |
| Praseodymium oxide | ≥99%Nd₂O₃75% | 504.95 | 522.21 | -3.3% |
| Praseodymium metal | ≥99%Nd75% | 619.89 | 642.95 | -3.6% |