Price trend
On November 2nd, the price trend of domestic light rare earth market remained temporarily stable. The price of metal praseodymium neodymium was 630,000 RMB/ton, the price of praseodymium neodymium oxide was 512,500 RMB/ton, the price of neodymium oxidew as 517,500 RMB/ton, the price of metal neodymium was 657,500 RMB/ton, the price of metal praseodymium was 675,000 RMB/ton, and the price of praseodymium oxide iwas 527500 RMB/ton.
Analysis review
The price trend of domestic light rare earth was temporarily stable, with normal on-site sales and average downstream procurement.
Market outlook
It is expected that the price will remain stable in the later stage.
