Home / Metal News / Rare Earth / [SMM analysis] the prices of most rare earths rose in the week, light, medium and heavy rare earths went up in the short term or opposite direction.
[SMM analysis] the prices of most rare earths rose in the week, light, medium and heavy rare earths went up in the short term or opposite direction.
May 15,2020 18:36CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM5 March 15:

This week, most of the prices of rare earth products are on the rise. The prices of rare earth products in the listing prices announced within the Northern rare Earth week are mixed, and the overall inquiry situation of praseodymium and neodymium oxide in the market at the beginning of the week is still good. The downstream inquiry is actively upstream. The price of praseodymium and neodymium oxide has risen, and then the overall price of praseodymium and neodymium oxide market has dropped. On Friday, praseodymium and neodymium oxide quoted 27-272000 yuan / ton. There is actually a low supply of goods in the market. In the aspect of medium and heavy rare earths, affected by the relatively weak market transaction and the strong quotation of large factories at the beginning of the week, the price of dysprosium oxide remained relatively stable at the beginning of the week, and the price of terbium oxide declined. Then the market inquiry situation gradually, the upstream business quotation is relatively strong, dysprosium oxide and terbium oxide prices up, dysprosium oxide 178-1.8 million yuan / ton, terbium oxide 388-3.92 million yuan / ton.

SMM believes that the recent price fluctuations of rare earth products are mainly caused by market demand. The recent market demand of light rare earth praseodymium and neodymium products shows signs of falling back due to high prices, but the possibility of a sharp decline in the near future is limited because of its relatively low point. It is expected that the price of praseodymium and neodymium may be weak and stable in the short term. The market inquiry of medium and heavy rare earths is relatively active in the near future. It is expected that the prices of medium and heavy rare earths such as dysprosium oxide and terbium oxide will be supported in the short term, and the operation may be relatively strong in the short term.

Rare earth news
weekly review

For queries, please contact Frank LIU at liuxiaolei@smm.cn

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