SMM7 26 June news:
Today, the prices of most rare earth products are stable, praseodymium and neodymium oxide are stable at 28.7-292000 yuan / ton, and terbium oxide quotations are stable at 392-3.95 million yuan / ton. The price of dysprosium oxide rebounded slightly to 183-1.85 million yuan per ton, mainly due to the near depletion of dysprosium oxide in the rare earth market on Thursday afternoon, the expectation of good news in the market, and most businesses holding goods on the sidelines, waiting for the news to stimulate the price of rare earth products to rise. The offer for gadolinium oxide maintained a downward trend, falling to 16-165000 yuan per ton.
In the near future, we can pay attention to whether there is good news, rare earth prices weak operation of the pattern if there is no good news boost, short-term price rise is unlikely. In the long run, the price of praseodymium and neodymium oxide is weak due to the relationship between supply and demand, and medium and heavy rare earths can still be expected in the future due to the shortage of raw materials.
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