Rare earth price trend on October 24, 2023


Product name
Price High and lows
Lanthanum metal  (yuan/ton) 25000-27000 -
Cerium metal  (yuan/ton) 25000-25500 +250
Neodymium metal  (yuan/ton) 640000~650000 -5000
Dysprosium metal (yuan /Kg) 3420~3470 -
Terbium metal(yuan /Kg) 10300~10500 -50
Praseodymium neodymium metal/Pr-Nd metal  (yuan/ton) 635000~640000 -
Gadolinium iron  (yuan/ton) 265000~275000 -10000
Holmium iron (yuan/ton 615000~625000 -
Dysprosium oxide (yuan /kg) 2660~2680 -
Terbium oxide  (yuan /kg) 8200~8300 -25
Neodymium oxide  (yuan/ton) 526000~530000 -2000
Praseodymium neodymium oxide  (yuan/ton) 515000~519000 -4000

Today’s Market Intelligence Sharing

Today, the prices of some products in the domestic rare earth market have dropped, with metal neodymium and praseodymium neodymium oxide dropping by 5000 yuan and 4000 yuan per ton respectively, and gadolinium iron dropping by 10000 yuan per ton. The rest has made slight adjustments, and the downstream market is mainly purchasing according to demand. It is expected that in the future, the main focus will be on maintaining stability.