China's Pr-Nd oxide output in November was 6,228 mt, down 1.5% MoM. The decrease was mainly contributed by Guangxi and Jiangxi.
According to SMM research, with sustained price erosions and few inquiries, some separation plants slightly lowered output, and Pr-Nd oxide output in Guangxi dropped by 25%. In Jiangxi, shutdown of some separation plants for maintenance in November fed into a 6% decrease in local Pr-Nd oxide production. Meanwhile, a few separation plants were rushing to meet deadlines towards the end of the year, and gently increased production in November. Among them, Pr-Nd oxide production in Guangdong hiked by 18.5%.
