According to the Baotou Rare Earth Products Exchange, prices for mainstream rare earth products have been narrowly adjusted today. The average price of praseodymium oxide was 747,700 yuan/ton, up 0.3 million yuan/ton; the average price of praseodymium metal was 907,600 yuan/ton, up 0.14 million yuan/ton; the average price of dysprosium oxide was 1.395,700 yuan/ton, down 0.05 million yuan/ton; the average price of terbium oxide was 6.725,600 yuan/ton, down 0.24 million yuan/ton. There is little transaction information for products such as praseodymium oxide, neodymium oxide, lutetium oxide, europium oxide, and lanthanum-cerium oxide today, so please refer carefully. The calm sentiment for next week dominated the week, reaching 68.47%. The bullish sentiment remained at 21.17%, and the bearish sentiment declined to 10.36%. This week, the rare earth market weakened and then stabilized, and only picked up slightly closer to the weekend. Due to terminal orders falling short of expectations in the praseodymium market, magnetic material manufacturers just needed to purchase to maintain low prices. Buyers followed the trend and depressed prices due to sluggish demand. The willingness of traders to ship increased, and the focus of inquiries continued to decline. Low prices stimulated an increase in enthusiasm for inquiries later next week. Prices rose slightly today after some transactions were reported. Prices of medium to heavy rare earths remained weak and stable. There were only a few inquiries at the beginning of the week for erbium and holmium, but overall activity was not high. Overall, due to the off-season effect, buyers are cautious and have limited price support. It is expected that the rare earth market will continue to operate weakly and steadily in the near future, and future market development will have to wait for transaction volume signals.
Zhitongcaijing · 2d ago
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According to the Baotou Rare Earth Products Exchange, prices for mainstream rare earth products have been narrowly adjusted today. The average price of praseodymium oxide was 747,700 yuan/ton, up 0.3 million yuan/ton; the average price of praseodymium metal was 907,600 yuan/ton, up 0.14 million yuan/ton; the average price of dysprosium oxide was 1.395,700 yuan/ton, down 0.05 million yuan/ton; the average price of terbium oxide was 6.725,600 yuan/ton, down 0.24 million yuan/ton. There is little transaction information for products such as praseodymium oxide, neodymium oxide, lutetium oxide, europium oxide, and lanthanum-cerium oxide today, so please refer carefully. The calm sentiment for next week dominated the week, reaching 68.47%. The bullish sentiment remained at 21.17%, and the bearish sentiment declined to 10.36%. This week, the rare earth market weakened and then stabilized, and only picked up slightly closer to the weekend. Due to terminal orders falling short of expectations in the praseodymium market, magnetic material manufacturers just needed to purchase to maintain low prices. Buyers followed the trend and depressed prices due to sluggish demand. The willingness of traders to ship increased, and the focus of inquiries continued to decline. Low prices stimulated an increase in enthusiasm for inquiries later next week. Prices rose slightly today after some transactions were reported. Prices of medium to heavy rare earths remained weak and stable. There were only a few inquiries at the beginning of the week for erbium and holmium, but overall activity was not high. Overall, due to the off-season effect, buyers are cautious and have limited price support. It is expected that the rare earth market will continue to operate weakly and steadily in the near future, and future market development will have to wait for transaction volume signals.
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