SMM Data: China’s Pr-Nd Oxide Output In August And Forecast For September

SHANGHAI, Sep 12 (SMM) – In August 2023, domestic production of Pr-Nd oxide was 6,083 mt, an increase of 0.3% MoM. Among them, the output in Sichuan was severely reduced, while the output in Guangdong and Shandong has increased significantly. Output in other regions was almost unchanged from July.

According to SMM research, the price trend of Pr-Nd products improved in August. The demand from alloy plants increased to a certain extent; and the debugging of separation plant equipment in Guangdong was completed. Production gradually resumed in August, and the output in Shandong increased by 21% MoM. The MoM growth rate of output in Guangdong reached 119%. Due to the Universiade in Sichuan in August, some separation plants reduced production to varying degrees, and local production decreased by 22% MoM.