Baotou Industry and Information Bureau: the prices of rare earth products rose or remained flat in June compared with the previous month.

SMM News: it is reported that in June, the prices of 33 kinds of industrial products mainly monitored by Baotou City Industrial Information Bureau showed an upward trend. From the perspective of month-on-month comparison, the average price of 24 products increased from the previous month, accounting for 72.7% of the total number of monitored products, and the number of price-rising products increased by 6 kinds compared with May; the average price of 5 kinds of products decreased, accounting for 15.2% of the total number of monitored products; the number of products with falling prices decreased by 8 kinds compared with May; the average price of 4 kinds of products remained the same, accounting for 12.1% of the total number of monitored products, and the number of products with the same price increased by 2 kinds compared with May.

Among them, in the field of rare earths, the prices of rare earth products are mostly rising or flat from the previous month: six of the eight rare earth products monitored in June showed an upward or flat trend. The average price of rare earth carbonate was 21000 yuan / ton, unchanged from the previous month; the average price of cerium oxide was 11000 yuan / ton, unchanged from the previous year; the average price of cerium oxide was 11000 yuan / ton, down 10.2% from the previous year; the average price of praseodymium and neodymium metal was 357700 yuan / ton, up 20, 000 yuan / ton from the previous month, an increase of 6%, and a decrease of 107000 yuan / ton, or 23%.

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

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