Price Trend and Average Price of Praseodymium and Neodymium Oxide in May 2023

According to Chinatungsten Online, the price trend of praseodymium and neodymium oxide in May 2023 is relatively good, with an average price of 467,048 yuan/ton, a month-on-month decrease of 5.38% and a year-on-year decrease of 46.22%, but the end of the month increased by 16.25% compared with the beginning of the month. From January to May 2023, the average price of praseodymium and neodymium oxide was 587,680 yuan/ton, a year-on-year decrease of 38.90%.

Prase chart of NdPr metal and NdPrO in May 2023

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