According to Chinatungsten Online, the overall average price of rare earth products in China in May 2023 will not perform well, that is, the average price of light and heavy rare earths will drop by more than half of the month-on-month and year-on-year.
In May 2023, the average price of praseodymium oxide was 467,381 yuan/ton, a month-on-month decrease of 7.95%, and a year-on-year decrease of 49.88%; the average price of neodymium oxide was 475,238 yuan/ton, a month-on-month decrease of 9.00%, a year-on-year decrease of 50.01; tons, down 5.38% month-on-month and down 46.22% year-on-year; the average price of praseodymium and neodymium metal was 566,667 yuan/ton, down 5.49% month-on-month and 46.44% year-on-year; the average price of terbium oxide was 8,338 yuan/kg, down 10.39% month-on-month and 36.68% year-on-year The average price of dysprosium oxide was 2,030,952 yuan/ton, a month-on-month increase of 4.06%, and a year-on-year decrease of 25.61%; the average price of dysprosium-iron alloy was 1,940,476 yuan/ton, a month-on-month increase of 0.73%, and a year-on-year decrease of 26.57%.
Average price list of rare earth products in China in May 2023
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