Prices of Rare Earth Products in China in September 2023

According to Chinatungsten Online, the overall price trend of rare earth products in China was good in September 2023. The prices of most products increased month-on-month, but still fell year-on-year. Specifically, in mid-to-late September, due to the slight increase in the listed price of northern rare earths this month, restrictions on Myanmar mine exports, and strong support for production costs, suppliers generally had a strong bullish sentiment; in mid-to-late September, downstream users basically Factors such as the completion of the procurement plan, the year-on-year increase in the total amount of rare earth mining control indicators this year, and the long-term rise in rare earth prices since July all resulted in weak price increases for praseodymium, neodymium, and terbium products at that time, but dysprosium prices continued to rise.

In September 2023, the average price of praseodymium oxide in China was 525,000 yuan/ton, a month-on-month increase of approximately 6.24%, and a year-on-year decrease of approximately 21.75%; the average price of neodymium oxide was 534,600 yuan/ton, a month-on-month increase of approximately 7.47%, and a year-on-year decrease of approximately 21.13%; praseodymium oxide The average price of neodymium is 523,450 yuan/ton, up approximately 8.12% month-on-month, and approximately 22.40% year-on-year decrease; the average price of praseodymium and neodymium metal is 643,250 yuan/ton, approximately 8.43% month-on-month increase, and approximately 22.11% year-on-year decrease; the average price of terbium oxide is 8,55 yuan /kg, up approximately 14.15% month-on-month and down 41.65% year-on-year; the average price of dysprosium oxide is 2,614,500 yuan/ton, up approximately 10.03% month-on-month, and approximately 7.70% year-on-year; the average price of dysprosium ferroalloy is 2,510,500 yuan/ton, up approximately 10.07% month-on-month , up approximately 4.13% year-on-year.

Average price list of rare earth products in China in September 2023

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