Baotou Rare Earth Exchange: Today, mainstream prices of rare earth products remain stable with some increases.
According to the Baotou Rare Earth Products Exchange, today the mainstream prices of rare earth products are stable with a slight increase. The average price of praseodymium-neodymium oxide is 70.09 million yuan per ton, up 0.79 million yuan per ton; the average price of praseodymium-neodymium metal is 85.20 million yuan per ton, up 1.03 million yuan per ton; the average price of dysprosium oxide is 124.42 million yuan per ton, up 0.22 million yuan per ton; the average price of terbium oxide is 604.11 million yuan per ton, down 0.11 million yuan per ton. Today, the transaction information for products such as praseodymium oxide, neodymium oxide, europium oxide, lanthanum-cerium oxide, and metal neodymium is relatively limited, so please be cautious when considering. Due to the sharp increase in prices reported by traders, the prices of praseodymium-neodymium products have also risen today, and market activity has increased compared to before, but actual transactions have been mediocre due to limited low-priced sources. The medium and heavy rare earth market is relatively quiet, with prices adjusting slightly. The current market sentiment is bullish, which contrasts sharply with the stalemate in transactions. Recently, rare earth prices have been fluctuating frequently, so it is recommended that businesses make judgments cautiously.
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