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Baotou Industry and Information Bureau: the prices of rare earth products rose or remained flat in June compared with the previous month.
Jul 6,2020 08:39CST
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The content below was translated by Tencent automatically for reference.

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%.

Baotou Industry and Information Bureau
rare earth price

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