October 21 SMM rare earth spot price: praseodymium oxide down 7500 yuan / ton

SMM assessments on July 15 showed the average price of 99.5% tantalum pentoxide rising by USD 0.91/kg (0.15%) to USD 599.84/kg. Higher-purity products also posted gains, with 99.95%, 99.99% and 99.995% tantalum pentoxide increasing by USD 0.96/kg, USD 0.98/kg and USD 1.02/kg respectively. Meanwhile, 99.95% metallurgical tantalum powder rose by USD 1.31/kg to USD 862.01/kg, while 99.95% tantalum ingot increased by USD 1.40/kg to USD 920.95/kg. The modest upward trend reflects resilient demand from the electronics and semiconductor sectors, where tantalum remains an essential material for high-performance capacitors and advanced chips. Additional support continues to come from aerospace, medical and energy-transition applications, while constrained raw material availability and ongoing supply chain risks have kept the market firm. Although gains remain moderate, market participants continue to monitor procurement activity and feedstock availability, with the medium term outlook supported by sustained demand from high-tech manufacturing.