Recently, the mainstream prices of rare earth products in the rare earth market have remained stable and strong, with some degree of relaxation. The market has seen a trend of light and heavy rare earths taking turns to explore and attack.
Recently, the market has become increasingly active, with a strong atmosphere for inquiries and transactions, and downstream procurement demand has partially rebounded. Overall, confidence between the supply and demand sides has also recovered.
According to the market, the enthusiasm for inquiries for dysprosium and terbium has not decreased, and the group’s proactive delivery has promoted market activity.
As of May 19th, praseodymium neodymium metal has slightly increased to around 570000 yuan per ton, and dysprosium iron alloy has reached about 2020000 yuan per ton, with a recent slight increase of about 3-4%.
On May 19th, the prices of light rare earths remained stable, while the prices of heavy rare earths continued to rise, taking turns.
Post time: May-22-2023