Pr-Nd oxide prices rose last week

Pr-Nd oxide prices continued to rise last week. Mainstream Pr-Nd oxide prices climbed from 361,000-365,000 yuan/mt on April 3 to 378,000-382,000 yuan/mt on April 11, up 4.7% WoW. Pr-Nd alloy prices rose from 446,000-450,000 yuan/mt on April 3 to 470,000-475,000 yuan/mt on April 11, up 5.5% WoW.
Since the rare earth concentrate price cut by China Northern Rare Earth (Group) High-Tech was already anticipated by most industry players, the overall rare earth price still rose.