Average Price of Rare Earth Products in China in The First Half of 2023

According to Chinatungsten Online, the average price of rare earth products in China in the first half of 2023 performed poorly as a whole, i.e. the average price of light rare earths and the average price of heavy rare earths both declined year-on-year, and the decline was large.

In the first half of 2023, the average price of praseodymium oxide in China was RMB576,441/ton, down about 40.96% year-on-year; the average price of neodymium oxide was RMB607,797/ton, down about 40.97% year-on-year; the average price of praseodymium oxide was RMB571,085/ton, down about 40.52% year-on-year; the average price of praseodymium metal was RMB693,907/ton, down about 41.44% year-on-year; the average price of terbium oxide was RMB10. The average price of Terbium oxide was RMB 10,414/kg, down 26.42% year-on-year; the average price of Dysprosium oxide was RMB 2,136,695/ton, down 23.69% year-on-year; the average price of Dysprosium iron alloy was RMB 2,097,415/ton, down 25.08% year-on-year.

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