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Home / Metal News / Rare Earth Concentrate Price Review

Rare Earth Concentrate Price Review

May 22, 2023 16:02

Source:SMM

Rare earth concentrate prices increased further last week, driven by risingprices of PrNd and dysprosium iron.

SHANGHAI, May 22 (SMM) - Rare earth concentrate prices increased further last week, driven by risingprices of PrNd and dysprosium iron. Quotes of rare earth carbonate grew from 36,900-37,400 yuan/mt the week before to 37,700-38,100 yuan/mt last Friday, up about 2%, and those of medium-yttrium and europium-rich ore climbed from 205,000-207,000 yuan/mt to 211,000-212,000 yuan/mt, up around 2.7%.

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

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