Rare earth price trend on November 8, 2023

Product name Price  High and lows
Lanthanum metal  (yuan/ton) 25000-27000 -
Cerium metal  (yuan/ton) 25000-25500 -
Neodymium metal  (yuan/ton) 640000~650000 -
Dysprosium metal (yuan /Kg) 3350~3400 -70
Terbium metal(yuan /Kg) 10000~10100 -100
Praseodymium neodymium metal/Pr-Nd metal  (yuan/ton) 625000~630000 -2500
Gadolinium iron  (yuan/ton) 255000~265000 -7000
Holmium iron (yuan/ton) 585000~595000 -10000
Dysprosium oxide (yuan /kg) 2620~2640 -10
Terbium oxide  (yuan /kg) 7950~8000 -50
Neodymium oxide  (yuan/ton) 520000~526000 -
Praseodymium neodymium oxide  (yuan/ton) 510000~514000 -1000

Today’s Market Intelligence Sharing

Today, some prices in the domestic rare earth market have fallen, with praseodymium neodymium metal falling by 2500 yuan per ton, praseodymium neodymium oxide falling by 1000 yuan per ton, and heavy rare earth gadolinium iron and holmium iron decreasing by 7000 yuan and 10000 yuan per ton, respectively. The downstream market mainly relies on on-demand procurement, and in the short term, it is expected that the overall prices in the domestic rare earth market have stabilized, with no significant fluctuations.