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Price Trends of REE

Prices of rare earths were mixed on Mar 27. According to SMM, mainstream transaction price in the PrNd oxide market continued to decrease slightly to 350,000-354,000 yuan/ton. The price of dysprosium oxide increased slightly to 1,810-1,830 yuan/kg. The price of terbium oxide also increased to 5,300-5,350 yuan/kg. The price of gadolinium oxide was reduced to 162,000-166,000 yuan/ton, and the price of holmium oxide continued to remain stable at 415,000-420,000 yuan/ton.

The mainstream prices of PrNd alloy were stable at 430,000-435,000 yuan/ton. According to SMM research, at present, sellers of praseodymium and neodymium products are slightly less confident in raising prices. The actual transaction price of praseodymium and neodymium oxide market has dropped slightly, and buyers are pushing for lower prices. The market transaction price of dysprosium and terbium products rose slightly on the afternoon of March 26 driven by purchases from major manufacturers.

Source:Shanghai Metals Market