Pr-Nd oxide prices rose about 2.7% WoW from 438,000-442,000 to 450,000-454,000 yuan/mt, and Pr-Nd alloy prices increased roughly 1.4% WoW from 535,000-540,000 to 543,000-547,000 yuan/mt. Pr-Nd prices increased last week due to major factories' restocking, but are expected to slightly fall soon after their purchasing stopped.
Pr-Nd oxide and alloy price rally to be transitory with the end of major factories' restocking
- Jan 02, 2024, at 1:56 pm
- SMM
Pr-Nd oxide prices rose about 2.7% WoW from 438,000-442,000 to 450,000-454,000 yuan/mt, and Pr-Nd alloy prices increased roughly 1.4% WoW from 535,000-540,000 to 543,000-547,000 yuan/mt.
