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[rare Earth Weekly selection] the rare earth market is generally stable and a small number of light, medium and heavy rare earth products are being adjusted slightly.
Jul 25,2020 10:34CST
translation
Source:SMM
[rare Earth Weekly selection: the rare earth market is generally stable and a small number of light, medium and heavy rare earth products are now slightly adjusted] in terms of light rare earths, the prices of praseodymium and neodymium products have fallen this week, mainly due to wait-and-see purchases in the lower reaches and a reduction in trading volume. price support has weakened. In terms of medium and heavy rare earths, the price trend is divided. Gadolinium oxide demand weakens, upstream consignors in the strong willingness to ship in the case of appropriate price reduction to promote transaction.
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"SMM rare Earth Weekly report" released, the weekly report SMM will select one of the hot topics, prices, market or major changes in the industrial chain information released into a document for your reference.

This week, the domestic rare earth market is generally stable, the price trend has eased, only a small number of light, medium and heavy rare earths have been slightly adjusted, and the prices of most products have maintained stability and weak transactions.

Light rare earths, praseodymium-neodymium products prices have fallen this week, mainly due to downstream procurement wait-and-see, reduced trading volume, price support weakened. As of Friday, praseodymium-neodymium metal prices were 374000 yuan / ton, and praseodymium-neodymium oxide prices were 29.3-295000 yuan / ton, down 500 yuan / ton and 1000 yuan / ton respectively compared with last Friday.

In terms of medium and heavy rare earths, the price trend is divided. Gadolinium oxide demand weakens, upstream consignors in the strong willingness to ship in the case of appropriate price reduction to promote transaction. After the previous decline, the price of terbium oxide recovered somewhat. Specifically, the price of gadolinium oxide is 17.8-180000 yuan / ton, down 1000 yuan / ton from last Friday; terbium oxide is 4530-4570 yuan / kg, up 30 yuan / ton from last Friday.

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