According to Chinatungsten Online, the average price of rare earth products in China in January-July 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 larger.
In January-July 2023, the average price of praseodymium oxide in China was RMB 560,971 per ton, down by about 42.03% year-on-year; the average price of neodymium oxide was RMB 587,554 per ton, down by about 41.94% year-on-year; the average price of praseodymium-neodymium oxide was RMB 553,576 per ton, down by about 41.46% year-on-year; the average price of praseodymium metal was RMB 673,281 per ton, down by about 42.21% year-on-year; and the average price of terbium oxide was RMB 9, 977 yuan/kg, down 29.26% year-on-year; average price of dysprosium oxide 2,146,835 yuan/ton, down 21.58% year-on-year; average price of dysprosium ferroalloy 2,099,532 yuan/ton, down 23.29% year-on-year.
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