According to Chinatungsten Online, the average price of rare earth products in China in the second quarter of 2023 performed poorly as a whole, i.e. the average price of light and heavy rare earths declined both ringgit and year-on-year, and the decline was large.
In the second quarter of 2023, the average price of praseodymium oxide in China was RMB495,000/ton, down about 25.74% YoY and 47.28% YoY; the average price of neodymium oxide was RMB503,710/ton, down about 30.33% YoY and 47.03% YoY; the average price of praseodymium oxide was RMB484,887/ton, down about 27.25% YoY and 27.10% YoY; praseodymium The average price of praseodymium metal was RMB590,274/ton, down 27.00% YoY and 27.84% YoY; the average price of terbium oxide was RMB8,661/kg, down 29.90% YoY and 13.37% YoY; the average price of dysprosium oxide was RMB2,049,919/ton, down 8.19% YoY and 13.94% YoY; the average price of dysprosium iron alloy was RMB1,980,161/ton, down 11.9% YoY. ton, down about 11.09% YoY and 14.00% YoY.
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