Price Hikes! China Northern Rare Earth September Listing Prices: Multiple Rare Earth Product Prices Up MoM

Published: Sep 3, 2024 11:04

Source: SMM

Save

Following flat prices in July and August, China Northern Rare Earth's September listing prices "increased" as expected by many market participants.

On September 2, China Northern Rare Earth released the listing prices for rare earth products for September 2024, with multiple rare earth product prices up MoM. Lanthanum oxide was priced at 4,100 yuan/mt, unchanged from August 2024; cerium oxide was priced at 7,600 yuan/mt, also unchanged from August 2024. Pr-Nd oxide was priced at 403,200 yuan/mt, up 4.78% MoM; neodymium oxide was priced at 411,600 yuan/mt, up 4.68% MoM; Pr-Nd alloy was priced at 500,000 yuan/mt, up 4.6% MoM; neodymium metal was priced at 510,000 yuan/mt, up 4.51% MoM.

Market review

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Mar 27, 2026 18:23

Praseodymium-Neodymium Oxide Market Sees Narrow Fluctuations Amid Weak Demand and Supply Constraints

Mar 27, 2026 18:23

Mar 27, 2026 17:01

[SMM Analysis] March Pr-Nd Drop Likely Due to Weak Demand Outlook: 2026 Demand Model (Part 3)

Concluding our series, we shift focus to 2026's emerging NdFeB growth drivers: robotics, low-altitude economy, and electric two-wheelers. While viewed as the "second growth curve," we analyze their actual demand support amidst current macro and industry cycles to determine if they can offset traditional sector slowdowns.

Mar 27, 2026 17:01

Mar 27, 2026 13:13

India Aims to Boost Rare Earth Magnet Production to 5,000 mt by 2030, Reducing Import Dependence

India is expected to increase domestic production of rare earth permanent magnets, such as lithium, targeting 5,000 mt by 2030. This move aims to reduce reliance on imports and gradually establish a solid foundation for critical minerals in China.

Mar 27, 2026 13:13