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SMM4 19 news: this week the rare earth market praseodymium, neodymium prices lower, dysprosium prices rose slightly. At present, the light rare earth oxides and metals in the market are in a state of oversupply, downstream enterprises due to the continuous decline in spot prices, only on demand procurement, the overall demand is weak. Due to the shortage of ore raw materials, the price of medium and heavy rare earths remains high, and the supply of low price goods in the market is less.
[SMM analysis] the price of praseodymium and neodymium is lower, the overall demand of the market is weak.
