Price Hikes! China Northern Rare Earth September Listing Prices: Multiple Rare Earth Product Prices Up MoM

Following flat prices in July and August, China Northern Rare Earth's September listing prices "increased" as expected by many market participants.

On September 2, China Northern Rare Earth released the listing prices for rare earth products for September 2024, with multiple rare earth product prices up MoM. Lanthanum oxide was priced at 4,100 yuan/mt, unchanged from August 2024; cerium oxide was priced at 7,600 yuan/mt, also unchanged from August 2024. Pr-Nd oxide was priced at 403,200 yuan/mt, up 4.78% MoM; neodymium oxide was priced at 411,600 yuan/mt, up 4.68% MoM; Pr-Nd alloy was priced at 500,000 yuan/mt, up 4.6% MoM; neodymium metal was priced at 510,000 yuan/mt, up 4.51% MoM.