Pr-Nd oxide prices down about 6.9% WoW from 450,000-454,000 to 419,000-423,000 yuan/mt, and Pr-Nd alloy prices down roughly 4% WoW from 543,000-547,000 to 520,000-525,000 yuan/mt.
Post-major factories stopping bulk buying, weak downstream demand and China Northern Rare Earth’s price cuts have led to a sharp fall in Pr-Nd prices.
Pr-Nd oxide and alloy prices fell rapidly due to end of bulk purchase and price cuts by major group
- Jan 08, 2024, at 11:21 am
- SMM
Pr-Nd oxide prices down about 6.9% WoW from 450,000-454,000 to 419,000-423,000 yuan/mt, and Pr-Nd alloy prices down roughly 4% WoW from 543,000-547,000 to 520,000-525,000 yuan/mt.
