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

According to Chinatungsten Online, the price trend of praseodymium and neodymium oxide in China first rose and then stabilized in September 2023, with an average price of 523,450 yuan/ton, an increase of approximately 8.12% month-on-month and a year-on-year decrease of approximately 22.40%. From January to September 2023, the average price of praseodymium and neodymium oxide in China was 541,489 yuan/ton, a year-on-year decrease of approximately 8.44%; in the third quarter of 2023, the average price of China’s praseodymium and neodymium oxide was 486,922 yuan/ton, a month-on-month increase of approximately 0.42%, and a year-on-year decrease of approximately 34.23%.

Praseodymium and neodymium metal and praseodymium and neodymium oxide price chart in September 2023

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