The prices of Pr-Nd oxide continued to slightly decrease

This week, the prices of Pr-Nd oxide continued to slightly decrease. During the week, the mainstream prices of Pr-Nd oxide were slightly adjusted from 361,000-363,000 yuan/mt last Thursday to 360,000-361,000 yuan/mt this Thusday, a decrease of about 0.4%. The prices of Pr-Nd alloy first increased and then decreased this week, initially rising to 454,000-456,000 yuan/mt before falling back to 445,000-448,000 yuan/mt this Thursday.

Due to weak downstream demand, Pr-Nd products struggled to achieve high prices, and the prices of Pr-Nd briefly increased before falling again.