Rare earth price trend on September 5, 2023


Product name

Price

Highs and lows

Metal lanthanum (yuan/ton)

25000-27000

-

Cerium metal (yuan/ton)

24000-25000

-

Metal neodymium (yuan/ton)

625000~635000

+5000

Dysprosium metal (yuan /Kg)

3250~3300

+50

Terbium metal (yuan /Kg)

10000~10200

+50

Pr-Nd metal (yuan/ton)

630000~635000

+12500

Ferrigadolinium (yuan/ton)

285000~295000

+10000

Holmium iron (yuan/ton)

650000~670000

+30000
Dysprosium oxide (yuan /kg) 2540~2600 +40
Terbium oxide (yuan /kg) 8380~8500 +190
Neodymium oxide (yuan/ton) 520000~525000 +2500
Praseodymium neodymium oxide (yuan/ton) 525000~525000 +5500

Today’s market intelligence sharing

Today, the domestic prices of light and heavy rare earths have risen for two consecutive days, especially for Pr-Nd series products. Because Nd-Fe-B permanent magnets are key components in electric vehicle motors, wind turbines and other clean energy applications in the production of permanent magnets for electric vehicles and renewable energy technologies, it is expected that the future of the rare earth market will be very optimistic in the later period. Field v intelligence sharing