Baotou Rare Earth Products Exchange: Today's prices for rare earth mainstream products are mostly on the rise.
According to the news from the Baotou Rare Earth Products Exchange, today the mainstream prices of rare earth products have generally increased. The average price of praseodymium-neodymium oxide is 85,020 yuan/ton, up by 5,140 yuan/ton; the average price of praseodymium-neodymium metal is 101,600 yuan/ton, up by 3,970 yuan/ton; the average price of dysprosium oxide is 141,220 yuan/ton, up by 1,140 yuan/ton; the average price of terbium oxide is 623,430 yuan/ton, up by 2,000 yuan/ton. Currently, prices of praseodymium-neodymium products continue to rise, but most magnetic materials companies have entered the holiday state, and metal companies have also basically completed their stockpiling. Overall, the purchasing intention is low, and actual transactions are very few. As a result, prices of medium and heavy rare earths follow the rise, but market demand is limited and transactions are also limited. It is recommended that businesses analyze the market trends rationally and continue to pay attention to the actual changes in supply and demand in the market.
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