[SMM rare Earth Daily Review 09.04] the price of praseodymium and neodymium has risen again. Rare earth market transactions have picked up.

Published: Sep 4, 2019 15:30

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SMM, Sept. 4 / PRNewswire-Asianet /-

Today, the prices of praseodymium and neodymium oxide continued to rise to 32-325000 yuan / ton and 32.2-327000 yuan / ton, while the prices of dysprosium oxide and terbium oxide remained unchanged at 190-1.92 million yuan / ton and 392-3.93 million yuan / ton. Praseodymium and neodymium oxide today metal factory and downstream merchants inquiry purchase intention has warmed up, in the afternoon praseodymium neodymium oxide actual transaction price rose to 325000 yuan / ton, dysprosium oxide and terbium oxide transaction has not improved. Affected by the tight supply of praseodymium and neodymium oxide in the future, it is expected that the price of praseodymium and neodymium will continue to rise in the short term.

[focus] 2019 China rare Earth permanent Magnet Industry Market Application Development Forum

The trade war between China and the United States has made rare earths become the focus of global attention. China has the largest rare earth industry resources and export dominance in the world, and the world is highly dependent on China's rare earths, especially the United States. How will China make good use of the development advantages of the rare earth industry in the future? how to improve the development of the industry, monitor and crack down on black rare earths in order to standardize the ecological environment of the industry, and whether the rare earth industry has become a rising star after it has been put forward for strategic development? Whether the rare earth enterprise ushered in the tuyere? How will the price of rare earths go? At the 2019 China rare Earth permanent Magnet Industry Market Application Development Forum, SMM will invite industry experts and enterprise bigwigs to interpret the market focus topics for everyone, and provide technical professional guidance for the high-quality development of enterprises, so as to help enterprises have more advantages in the fierce competition. Welcome to the summit, together with the industry!

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