[SMM rare Earth Daily Review 08.07] Light, medium and heavy rare earth products will be available in the future.

SMM8, July 7, news:

The prices of praseodymium neodymium oxide and dysprosium oxide rose slightly today. Praseodymium and neodymium oxide rose to 31.2-315000 yuan / ton, neodymium oxide followed to 31.4-317000 yuan / ton, dysprosium oxide quoted today at 1942-1.96 million yuan / ton. The confidence of the rare earth spot market has been boosted with the positive news in the early stage, and the quotations of some large factories have gradually strengthened, and they have been selling light rare earth products such as praseodymium oxide and neodymium oxide in the market, but some traders have maintained a wait-and-see attitude in the near future because of the high price of receiving goods in the early period. Prices of light, medium and heavy rare earths are expected to rise gradually in the short term.