China Northern Rare Earth cut January listing prices across the board, with lanthanum oxide prices down 58.16% MoM

SHANGHAI, Jan 3 (SMM) – On January 2, China Northern Rare Earth announced its listing prices of rare earth products in January 2024, all of which fell MoM. Lanthanum oxide was offered at 4,100 yuan/mt, down 58.16% MoM; cerium oxide at 6,500 yuan/mt, down 33.67% MoM; PrNd oxide at 453,300 yuan/mt (down 8.13% MoM); neodymium oxide at 461,600 yuan/mt (down 7.99% MoM); Pr-Nd alloy at 560,000 yuan/mt (down 7.89% MoM); neodymium metal at 570,000 yuan/mt (down 7.77% MoM).