China Northern Rare Earth Issues April List Prices of Rare Earth, With Cuts in PrNd Prices

SHANGHAI, Apr 10 (SMM) – On April 3, China Northern Rare Earth announced its list prices of rare earth products for delivery in April, with slight cuts in the prices of praseodymium-neodymium (PrNd) products. Its list prices of lanthanum oxide and cerium oxide were the same as in March at 9,800 yuan/mt. The details of PrNd product prices are as below: PrNd oxide at 639,000 yuan/mt (down 3,400 yuan/mt or 0.53% MoM); PrNd alloy at 782,500 yuan/mt (down 4,000 yuan/mt or 0.51% MoM); neodymium oxide at 705,800 yuan/mt (down 3,400 yuan/mt or 0.48% MoM); neodymium metal at 862,500 yuan/mt (4,000 yuan/mt or 0.46% MoM).