Rare earth price trend on December 14, 2023

Product name Price high and lows
Lanthanum metal  (yuan/ton) 25000-27000 -
Cerium metal  (yuan/ton) 26000-26500 -
Neodymium metal  (yuan/ton) 565000-575000 -
Dysprosium metal (yuan /Kg) 3400-3450 -
Terbium metal(yuan /Kg) 9700-9900 -
Praseodymium neodymium metal/Pr-Nd metal  (yuan/ton) 545000-555000 -
Gadolinium iron  (yuan/ton) 195000-200000 -
Holmium iron (yuan/ton) 480000-490000 -
Dysprosium oxide (yuan /kg) 2630-2670 -
Terbium oxide  (yuan /kg) 7850-8000 -
Neodymium oxide  (yuan/ton) 457000-463000 -
Praseodymium neodymium oxide  (yuan/ton) 446000-450000 -

Today’s Market Intelligence Sharing

Today, the domestic rare earth market prices are temporarily stable. Due to recent fluctuations in the price of praseodymium neodymium metal, the new order volume of most magnetic material companies is not optimistic. The insufficient downstream order volume directly leads to low inquiry activity in the entire market. In the situation where the price of praseodymium neodymium metal continues to be weak, the main focus is still on on-demand procurement.