According to Chinatungsten Online, the price trend of neodymium oxide in May 2023 is relatively good, with an average price of 475,238 yuan/ton, a month-on-month decrease of 9.00%, a year-on-year decrease of 50.01, but an increase of 11.83% at the end of the month compared with the beginning of the month. From January to May 2023, the average price of neodymium oxide was 627,990 yuan/ton, a year-on-year decrease of 39.77%.
The price chart of praseodymium oxide and neodymium oxide in May 2023
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