Rare earth price trend on December 27, 2023

Product name Pirce high and low
Lanthanum metal  (yuan/ton) 25000-27000 -
Cerium metal  (yuan/ton) 26000-26500 -
Neodymium Metal(yuan/ton) 555000-565000 -
Dysprosium metal (yuan /Kg) 3350-3400 -50
Terbium metal(yuan /Kg) 9300-9400 -400
Praseodymium neodymium metal/Pr-Nd metal  (yuan/ton) 543000-547000 -
Gadolinium iron  (yuan/ton) 195000-200000 -
Holmium iron (yuan/ton) 470000-480000 -
Dysprosium oxide (yuan /kg) 2500-2600 -75
Terbium oxide  (yuan /kg) 7400-7900
Neodymium oxide  (yuan/ton) 455000-460000 -
Praseodymium neodymium oxide  (yuan/ton) 453000-457000 -

Today’s Market Intelligence Sharing

 Today, some prices in the domestic rare earth market have slightly declined, and the price of praseodymium neodymium is temporarily stable. Due to significant fluctuations in the price of praseodymium neodymium in the past month, the new order volume of most magnetic material companies is not optimistic. The insufficient downstream order volume directly leads to a sustained low level of inquiry activity in the entire market. If the price of praseodymium neodymium rebounds recently, the stocking sentiment of major manufacturers may be ignited.