Baotou Rare Earth Exchange: Today's mainstream rare earth product prices slightly increased

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According to Baotou Rare Earth Products Exchange, the prices of mainstream rare earth products slightly increased today. The average price of praseodymium-neodymium oxide is 882,900 yuan/ton, up 900 yuan/ton; the average price of praseodymium-neodymium metal is 1,069,500 yuan/ton, up 32,800 yuan/ton; the average price of dysprosium oxide is 1,624,500 yuan/ton, up 1,600 yuan/ton; the average price of terbium oxide is 6,477,300 yuan/ton, up 39,300 yuan/ton. Today, most inquiry transactions have limited trading information; please exercise caution when referencing. Currently, upstream raw material prices remain high, and suppliers are optimistic about the market outlook, but manufacturing companies are still hesitant to purchase. However, as companies gradually resume operations, market inquiry activity has improved. Overall, the rare earth market sentiment is generally positive after the holiday, and as production companies return to normal, subsequent purchasing, sales, and trading activities are expected to gradually increase.

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