[SMM rare Earth Daily Review 08.08] prices of rare earth products remained stable today

Published: Aug 08, 2019 18:41 (GMT+8)

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SMM8 News of the 8th of July:

Subject to the downstream demand, the price of rare earth products remains stable today. The price of praseodymium and neodymium oxide is 31.2-315000 yuan / ton, dysprosium oxide is 1942-1.96 million yuan / ton, and terbium oxide is 396-4 million yuan / ton. Prices of light, medium and heavy rare earths in the short term are expected to rise steadily, and due to their own shortage of raw materials, medium and heavy rare earths are expected to take more action and have more room for action in the future.

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