[SMM rare Earth Daily Review 4.7] the prices of some rare earth products have been lowered and the overall transaction in the market is on the weak side.

Published: Apr 7, 2020 18:15

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SMM, April 7-

Today, the price of rare earth products has been partially lowered, and the demand of metal factories and downstream enterprises has not improved after the Qingming Festival. Transactions are still relatively weak, and there is a partial empty mood in the market. Light rare earths, within the day upstream businesses continue to lower quotations, praseodymium oxide neodymium oxide price down to 26-265000 yuan / ton, praseodymium oxide 30-310000 yuan / ton, neodymium oxide 28-284000 yuan / ton. In the aspect of medium and heavy rare earths, the price of dysprosium oxide remains relatively stable on the whole, and the price of terbium oxide continues to decline to 392-4 million yuan / ton.

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