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Pr-Nd oxide prices rose last week

iconApr 23, 2024 14:52
Source:SMM
Pr-Nd oxide prices rose last week.

Pr-Nd oxide prices rose last week. Mainstream Pr-Nd oxide prices climbed from 378,000-382,000 yuan/mt on April 11 to 384,000-388,000 yuan/mt on April 18, up 1.6% WoW. Pr-Nd alloy prices fluctuated upward last week. They hiked from 470,000-475,000 yuan/mt on April 11 to 480,000-485,000 yuan/mt on April 18, up 2.1% WoW.

Downstream magnetic material plants were cautious in purchasing high-priced raw materials. Most of them purchased on demand and had little desire to stockpile.

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