Non-ferrous

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Coke Coal Pig Iron Steel Billet Finished Steel

New Energy

New Energy

Solar Lithium Cobalt Cathode Material Phosphorus Carbon Anode Separator Electrolyte Battery Cell And Module Battery Recycling Nickel And Manganese Other Materials Sodium-ion Battery Hydrogen Energy

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / Rare earth prices fell on poor demand

Rare earth prices fell on poor demand

Oct 24, 2019 10:51

Source:SMM

Prices of praseodymium-neodymium oxide declined 4,000 yuan/mt to 302,500 yuan/mt

SHANGHAI, Oct 24 (SMM) – Prices of rare earths slipped on Wednesday, as persisting weakness in demand forced small producers and traders to lower their offers to discharge cargoes.

SMM assessed the price of neodymium oxide at 304,500 yuan/mt as of October 23, down 3,000 yuan/mt from a day earlier. Prices of praseodymium oxide were at 355,000 yuan/mt after two consecutive days of declines.

Prices of praseodymium-neodymium oxide declined 4,000 yuan/mt to 302,500 yuan/mt.

For medium-to-heavy rare earths, prices of dysprosium, terbium and gadolinium oxides fell for a second straight day to 1.645 million yuan/mt, 3.645 million yuan/mt and 162,500 yuan/mt, respectively.

Market commentary

Rare earths

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Morning Comments (Jan 21): Shanghai base metals were mostly higher after Wall Street surged to records following Biden's inauguration

Nonferrous metals on the SHFE were mostly higher on Thursday morning, and their counterparts on the LME rose across the board after stocks on Wall Street sailed to record highs as US President Joe Biden was sworn into office.

time

Jan 21, 2021 10:00

SMM Morning Comments (Jan 21): Shanghai base metals were mostly higher after Wall Street surged to records following Biden's inauguration

SMM Morning Comments (Dec 2): Shanghai base metals mostly declined, the LME complex mixed

Nonferrous metals on the SHFE were mostly lower on Wednesday morning, while their counterparts on the LME set for a mixed start.

time

Dec 2, 2020 10:16

SMM Morning Comments (Dec 2): Shanghai base metals mostly declined, the LME complex mixed

SMM Morning Comments (Oct 29): Base metals broadly weakened amid worries about surging COVID-19 cases

Nonferrous metals on the SHFE and LME both fell broadly on Thursday morning, extending losses, as surging global COVID-19 cases triggered more restrictions and stoked concerns about economic recovery.

time

Oct 29, 2020 10:11

SMM Morning Comments (Oct 29): Base metals broadly weakened amid worries about surging COVID-19 cases

SMM Morning Comments (Oct 23): Shanghai base metals were mostly lower on dollar bounce-back, stimulus concerns

Shanghai base metals fell for the most part on Friday morning, while their counterparts on the LME set for a mixed start, as the US dollar rebounded and hopes for a US stimulus package before the Nov. election dimmed.

time

Oct 23, 2020 10:06

SMM Morning Comments (Oct 23): Shanghai base metals were mostly lower on dollar bounce-back, stimulus concerns

China’s rare earth exports inched up 1% in June

China’s rare earth exports inched up nearly 1% from a month earlier to 2,892.8 mt in June, according to data from the country’s General Administration of Customs released on Tuesday.

time

Jul 14, 2020 13:48

China’s rare earth exports inched up 1% in June

China Northern Rare Earth raised its listed price for PrNd oxide by 8%

According to a notice on the company's website released on Thursday June 11, the Baotou-based rare earths supplier will sell praseodymium-neodymium oxide at 310,000 yuan/mt, tax-included and ex-factory, for the month of June, up about 8% from the previous month.

time

Jun 11, 2020 12:32

China Northern Rare Earth raised its listed price for PrNd oxide by 8%

China’s rare earth exports dropped 33.6% in May

China’s rare earth exports fell 33.6% from a month earlier to 2,865.3 mt in May, according to data from the country’s General Administration of Customs released on Sunday.

time

Jun 8, 2020 14:04

China’s rare earth exports dropped 33.6% in May

Praseodymium-neodymium prices inched up on mild demand recovery

Prices of rare earths in China saw some stabilisation last week, with those of praseodymium-neodymium inching up on mild demand recovery.

time

Apr 26, 2020 10:54

Praseodymium-neodymium prices inched up on mild demand recovery

Hainan to subsidise 5G deployment in 2020-2022

No more than 100 million yuan of subsidy will be granted each year

time

Nov 22, 2019 15:09

Hainan to subsidise 5G deployment in 2020-2022

Dysprosium oxide prices recovered 30,000 yuan/mt on demand improvement

Eased supply concerns and weak demand knocked prices of DyO to the lowest in six months in early Nov

time

Nov 18, 2019 14:04

Dysprosium oxide prices recovered 30,000 yuan/mt on demand improvement

SMM Events & Webinars

Sep
15
- NET ZERO CHINA Field Trip
  Sep 15 - 19,2025
  中国
Sep
16
- SMM Indonesia Seminar: Li-ion Battery & Energy Storage
  Sep 16 - 16,2025
  Jakarta, Indonesia
Sep
26
- 2025 ASIA BATTERY MATERIAL COOPERATION SALON
  Sep 26 - 26,2025
  Time：9.26 2025 Place：Seoul， South Korea
  Seoul， South Korea

MOST POPULAR

1.China Lithium Market Dynamics and Lithium Procurement Study

2.Battery Recycling Technology Understanding

3.Solid State Battery Market

4. China Scrap Steel Quality Analysis

5.China Scrap Steel Cost Curve

Shanghai Metals Market

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

Drop us a line

service.en@smm.cn

How can we help you?

+86 021 5155-0306

Live chat via WhatsApp

Copyright © 2025 SMM Information & Technology Co., Ltd. All rights reserved.