Lanthanum and Cerium Products Prices Stabilised Last Week

Lanthanum oxide and cerium oxide prices were still stable last week. The mainstream traded prices of 3N low-purity lanthanum oxide were 6,300-7,000 yuan/mt, and the prices of cerium oxide of the same specification stabilised at 6,500-7,100 yuan/mt.

Last week, mainstream prices of cerium misch metal stabilised between 19,500-20,500 yuan/mt. The prices of lanthanum metal and cerium metal were reported between 24,000-26,000 yuan/mt and 26,000-27,000 yuan/mt respectively.

At present, lanthanum and cerium are mostly used in polishing powder and phosphor powder, and some cerium products are used to replace part of praseodymium and neodymium in low-performance NdFeB magnetic materials to reduce the cost of magnetic materials.