[SMM rare Earth Daily Review 07.19] weak and stable rare earth market prices of gadolinium oxide, europium oxide and yttrium oxide have been slightly reduced

SMM7 22 July news:

Today's market prices of mainstream rare earth products are relatively stable, light rare earths, praseodymium and neodymium oxide quotations are stable at 30-305000 yuan / ton, neodymium oxide is stable at 30.2-307000 yuan / ton. At present, the weak and stable pattern of the rare earth market has not changed, the actual spot transaction is weak, the quotation of the big factory is strong, the actual shipment is on the low side; although there is a low price supply in the hands of traders, but the downstream enterprises maintain the wait-and-see state, buy Xing on the weak side.

In terms of medium and heavy rare earths, the quotations of dysprosium oxide and terbium oxide remained stable at 190-1.92 million yuan / ton and 400-4.03 million yuan / ton. The prices of gadolinium oxide, europium oxide and yttrium oxide fell today, with gadolinium oxide down to 16.5-170000 yuan / ton, europium oxide down to 21.5-225000 yuan / ton and yttrium oxide down to 20.5-215000 yuan / ton. Among the listed prices announced today, only gadolinium oxide has been reduced to 170000 yuan per ton, and other varieties are flat compared with the previous period. Heavy rare earths are expected to remain weak and stable in the short term, and the lower part is affected by the supply side. There is support for prices.