Domestic rare earth prices see small rebound

SHANGHAI, Dec 13 (SMM)－China's domestic rare earth market saw more trading actions this week, preventing prices from falling further. Market sources told SMM that Pr-Nd was being booked in big volumes yesterday, and that praseodymium oxide would easily cost more than 280,000 yuan/mt in some regions.  

In the near term, support from downstream demand would be key to the sustainability of price rebound.

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