According to Chinatungsten Online, the average price of rare earth products in China in July 2023 performed poorly as a whole, i.e., the average price of light and heavy rare earths decreased by more than half year-on-year and year-on-year.
In July 2023, the average price of praseodymium oxide in China was RMB 474,048 per ton, down by about 7.14% q-o-q and 48.49% y-o-y; the average price of neodymium oxide was RMB 473,810 per ton, down by about 7.91% q-o-q and 48.23% y-o-y; the average price of praseodymium oxide was RMB 455,190 per ton, down by about 7.94% q-o-q and 42.93% y-o-y; and the average price of praseodymium metal was 557,381 yuan/ton, down by about 7.87% q-o-q and 42.74% y-o-y; average price of terbium oxide 7,517 yuan/kg, down by about 10.20% q-o-q and 39.42% y-o-y; average price of dysprosium oxide 2,203,810 yuan/ton, up by about 1.92% q-o-q and down by about 9.70% y-o-y; average price of dysprosium ferroalloy 2,111,429 yuan/ton, up by about 1.95%, down 13.52% year-on-year.
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