China Northern Rare Earth (Group) High-Tech announced its listing price for May: prices of many rare earth products increased by more than 7% MoM

On May 6, China Northern Rare Earth (Group) High-Tech announced its listing prices of rare earth products for May, with price hikes for many rare earth products. The listing prices of lanthanum oxide and cerium oxide held the same as in April at 4,100 yuan/mt and 7,600 yuan/mt. The details of PrNd product prices are as below: PrNd oxide at 393,200 yuan/mt (up 7.52% MoM); neodymium oxide at 401,500 yuan/mt (up 7.35% MoM); PrNd alloy at 488,000 yuan/mt (up 7.25% MoM); neodymium metal at 498,000 yuan/mt (up 7.1% MoM).