Rare earth price stayed depressed last week. On December 1, the listing price of China Northern Rare Earth (Group) High-Tech in December was the same as that in November, making some separation plants confident in Pr-Nd market outlook, and thereby increasing their offers for Pr-Nd oxide.

On the evening of December 1, China Northern Rare Earth (Group) High-Tech released the listed prices of rare earth products in December 2023, and the prices were the same as that in November. 

Prices of SMM mainstream rare earth permanent magnets

Prices of SMM mainstream rare earth permanent magnets

According to data from the General Administration of Customs, rare earth exports in November were 4,205.8 mt

Prices of SMM mainstream rare earth permanent magnets

Prices of SMM mainstream rare earth permanent magnets

According to rare earth ore traders in Myanmar, Myanmar will once again suspend the transportation of auxiliary materials starting from December 5, and the transportation of rare earth ore starting from late December.   

Prices of SMM mainstream rare earth permanent magnets

Prices of SMM mainstream rare earth permanent magnets