Rare earth price trend on November 20, 2023


Product name Pirce High and lows
Lanthanum metal  (yuan/ton) 25000-27000 -
Cerium metal  (yuan/ton) 26000~26500 +1000
Neodymium metal  (yuan/ton) 620000~630000 -
Dysprosium metal (yuan /Kg) 3250~3300 -
Terbium metal(yuan /Kg) 9350~9450 -50
Praseodymium neodymium metal/Pr-Nd metal  (yuan/ton) 608000~612000 -2500
Gadolinium iron  (yuan/ton) 240000~245000 -2500
Holmium iron (yuan/ton) 545000~555000 -
Dysprosium oxide (yuan /kg) 2520~2530 -
Terbium oxide  (yuan /kg) 7400~7500 -
Neodymium oxide  (yuan/ton) 506000~510000 -
Praseodymium neodymium oxide  (yuan/ton) 493000~495000 -3500

Today’s Market Intelligence Sharing

Today, some prices in the domestic rare earth market have slightly decreased, with gadolinium iron falling by 2500 yuan per ton, praseodymium neodymium metal and praseodymium neodymium oxide falling by 3500 yuan and 2500 yuan per ton, respectively. The downstream market mainly relies on on-demand procurement, and some prices in the domestic rare earth market will continue to undergo a tentative correction in the short term. The probability of further decline is still relatively high, but the decline is limited, and the market situation is still not optimistic.