[SMM rare Earth Daily Review 10.21] most of the rare earth prices are stable, and the prices of medium and heavy rare earths may be stabilized later.

Published: Oct 21, 2019 17:19

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SMM, 21 Oct:

Most quotes for rare earth products remained stable today, with dysprosium oxide slightly rising to 170-1.73 million yuan per ton and praseodymium oxide falling to 36-370000 yuan per ton. Today, some large factories are below the market to buy dysprosium oxide, dysprosium prices have stabilized compared with the previous period, most of the market quoted 1.7 million yuan / ton, a small number of traders have 1.68 million yuan / ton near the low price supply. Light rare earths, praseodymium and neodymium oxide and other light rare earth oxide inquiry order did not improve today, the market for praseodymium neodymium and other light rare earths in the future is not optimistic, the market confidence is shaken. SMM expects that praseodymium and neodymium will continue to decline slightly. The price of terbium may stabilize and rise slightly as the supply of goods in circulation decreases.

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