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Home / Metal News / China Northern Rare Earth raises listed prices of rare earth oxides

China Northern Rare Earth raises listed prices of rare earth oxides

Jun 8, 2018 11:00

Source:SMM

China Northern Rare Earth (Group) raised listed prices of praseodymium-neodymium oxide and praseodymium-neodymium metal for June, by 2,000 yuan/mt from May, on Friday June 8

SHANGHAI, Jun 8 (SMM) – China Northern Rare Earth (Group) raised listed prices of praseodymium-neodymium oxide and praseodymium-neodymium metal for June, by 2,000 yuan/mt from May, on Friday June 8.

This brought the listed price of praseodymium-neodymium oxide to 332,000 yuan/mt, and that of praseodymium-neodymium metal to 423,000 yuan/mt.

The increase came after the Group lowered the listed price of praseodymium-neodymium oxide to 330,000 yuan/mt in May, down 33,000 yuan/mt from April, due to poor downstream demand in the low season.

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