Rare earth price trend in October 2023

Rare earth price trend in October 2023

1、 Rare earth price index

Trend Chart of Rare Earth Price Index for October 2023

 In October, the overall rare earth price index showed a slow downward trend. The average price index for this month is 227.3 points. The price index reached a maximum of 231.8 points on October 9th and a minimum of 222.4 points on October 31st. The difference between high and low points is 9.4 points, with a fluctuation range of 4.1%.

2、 Middle yttrium rich europium ore

The average price of yttrium rich europium ore in October was 245300 yuan/ton, an increase of 0.4% month on month.

3、 Main rare earth products

(1) Light rare earth

In October, the average price of praseodymium neodymium oxide was 522200 yuan/ton, a decrease of 0.1% month on month; The average price of metal praseodymium neodymium was 643000 yuan/ton, an increase of 0.7% month on month.

Price trend of praseodymium neodymium oxide and praseodymium neodymium metal in October 2023

 

In October, the average price of neodymium oxide was 531300 yuan/ton, a 0.1% decrease compared to the previous month.The average price of neodymium metal is 652600 yuan/ton, an increase of 1.1% month on month.

Price trend ofneodymium oxideand metallic neodymium in October 2023

In October, the average price of praseodymium oxide was 529700 yuan/ton, an increase of 1.2% month on month. The average price of 99.9% lanthanum oxide was 4700 yuan/ton, a decrease of 5.3% month on month. The average price of 99.99% europium oxide was 198000 yuan/ton, unchanged from the previous month.

(2) Heavy rare earth

In October, the average price of dysprosium oxide was 2.6832 million yuan/ton, an increase of 2.7% month on month. The price of dysprosium iron was 2.6079 million yuan/ton, an increase of 3.5% month on month.

Price trend of dysprosium oxide and dysprosium iron in October 2023

In October, the average price of 99.99% terbium oxide was 8.3595 million yuan/ton, a decrease of 1.9% compared to the previous month.

 The average price of metal terbium was 10.545 million yuan/ton, a decrease of 0.4% month on month.

In October, the average price of holmium oxide was 614400 yuan/ton, a decrease of 5.2% compared to the previous month.The average price of holmium iron was 629600 yuan/ton, a decrease of 4.2% month on month.

Price trend of holmium oxide and holmium iron in October 2023

 

In October, the average price of 99.999% yttrium oxide was 45000 yuan/ton, unchanged from the previous month. The average price of erbium oxide is 303800 yuan/ton, an increase of 0.3% month on month.


Post time: Nov-06-2023