Non-ferrous

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

New Energy

Solar Lithium Cobalt Lithium Battery Cathode Precursor and Material Anode Materials Artificial Graphite Diaphragm Electrolyte Other Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Dashboard DatabasePro Reports Events Car Insight

Home / Metal News / The stable Q3 rare earth concentrate prices released by China Northern Rare Earth boosted the confidence of traders for future Pr-Nd prices

The stable Q3 rare earth concentrate prices released by China Northern Rare Earth boosted the confidence of traders for future Pr-Nd prices

Jul 12, 2024 18:34

Source:SMM

This week, Pr-Nd oxide prices saw a slight increase overall.

This week, Pr-Nd oxide prices saw a slight increase overall. During the week, the mainstream prices of Pr-Nd oxide rose from 360,000-361,000 yuan/mt last Thursday to 363,000-365,000 yuan/mt this Thursday, an increase of about 1% WoW. Pr-Nd alloy prices increased from 445,000-448,000 yuan/mt last Thursday to 448,000-450,000 yuan/mt this Thursday.

With the reduction in rare earth ore shipments and the stable Q3 rare earth concentrate prices released by China Northern Rare Earth, some traders became more confident in the future Pr-Nd prices. It is expected that Pr-Nd prices will continue to remain stable in the short term.

Market forecast

Market review

For queries, please contact William Gu at williamgu@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

LME lead prices fell for three consecutive days

LME lead prices inched down and finally closed at $2103.5/mt in overnight trading, down $25.5/mt, or 1.2%. The contract fell for three consecutive days.

time

Aug 15, 2023 10:20

SMM Morning Comment For Tin Market On August 15

Overnight, SHFE 2309 tin contract price shook and fell sharply at the opening.

time

Aug 15, 2023 10:05

SMM Morning Comment For Tin Market On August 15

[SMM Zinc Morning Review] LME zinc prices posted three-day losing streak

LME zinc prices closed down $47/mt or 1.96% at $2,351/mt yesterday evening. The trading volume increased to 9,767 lots, and open interest increased 501 lots to 209,000 lots. LME zinc inventories increased by 375 mt to 92,175 mt, an increase of 0.41%. Overnight, the Fed's hawkish remarks bolstered the US dollar and that put pressure on LME zinc prices.

time

Aug 15, 2023 09:53

Social Lead Ingot Inventory Across Five Major Regions In China

According to SMM survey, social lead ingot inventory across five major regions in China totalled 50,800 mt as of July 31, up 5,200 mt from July 28 and 9,100 mt from July 24, the highest in four months.

time

Aug 14, 2023 14:34

China’s Indonesian NPI Production Review In July And Forecast In August

In July 2023, Indonesian NPI output was 119,400 mt in nickel content, a 2.65% MoM decrease and a 30.8% YoY increase.

time

Aug 11, 2023 19:04

China’s Indonesian NPI Production Review In July And Forecast In August

SMM daily comment on HRC market (Aug 10)

HRC futures moved sideways today, closing down 0.76% at 3,921 yuan/mt.

time

Aug 11, 2023 16:20

SMM daily comment on HRC market (Aug 10)

SMM Exclusive: China's Metals Output In July And Forecast For August

China's copper cathode output in July was 925,900 mt, an increase of 8,000 mt or 0.9% month-on-month, and a growth of 10.2% year-on-year; The output increased 23,800 mt compared with the expected 902,100 mt.

time

Aug 10, 2023 17:15

SMM Exclusive: China's Metals Output In July And Forecast For August

Data: SHFE, DCE market movement (Aug 10)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on Aug 10, 2023

time

Aug 10, 2023 15:32

Data: SHFE, DCE market movement (Aug 10)

Summary of SMM Lead Morning Meeting on July 21, 2023

Overnight, LME Lead opened at $2093 per ton. Driven by the strength of SHFR Lead, LME Lead also showed a fluctuating upward trend, basically repairing the previous day's decline, reaching a maximum of $2118.5 per ton at night, and finally closing at $2116.5 per ton in the end of the day, an increase of 1.1%.

time

Jul 21, 2023 10:16

[SMM Zinc Early Review July 20] LME zinc has delivered more than 20,000 tons of continuous warehouses, and the inventory has hit a high level in more than one year

Overnight, U.S. climate envoy Kerry held talks with Chinese officials, saying that China-U.S. climate relations still need “more work”; the IMF said that the appreciation of the dollar would hit emerging markets more than developed economies; China will announce July LPR on Thursday, and Reuters polls show that expectations for stability are unprecedentedly consistent; South Africa said that Russian President Vladimir Putin will not attend the BRICS summit in August.

time

Jul 20, 2023 10:44

[SMM Zinc Early Review July 20] LME zinc has delivered more than 20,000 tons of continuous warehouses, and the inventory has hit a high level in more than one year

SMM Events & Webinars

Oct
29
- APAC TIN INDUSTRY CONFERENCE 2024
  Oct 29 - 30,2024
  Shenzhen·Guangdong·China
Nov
05
- APAC (9th) Stainless Steel Industry Conference 2024
  Nov 05 - 07,2024
  Fujian, China
Nov
24
- 2024 SMM Middle East Secondary Metal Filed Trip
  Nov 24 - Dec 01,2024
  UAE

MOST POPULAR

1.China Lithium Market Dynamics and Lithium Procurement Study

2.Battery Recycling Technology Understanding

3.Solid State Battery Market

4. China Scrap Steel Quality Analysis

5.China Scrap Steel Cost Curve

Shanghai Metals Market

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

Drop us a line

service.en@smm.cn

How can we help you?

+86 021 5155-0306

Live chat via WhatsApp

Copyright © 2024 SMM Information & Technology Co., Ltd. All rights reserved.