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After The Chinese New Year, Neodymium Products Rise In Price
Mar 05, 2018

From: Shanghai Metals Market

This week, the domestic rare earth market showed more popularity than last week. The suppliers and buyers gradually returned to the market, and the resumed offer of the suppliers. The price of PR, neodymium, dysprosium, terbium and gadolinium products increased continuously in the middle Zhou Dynasty, and the transaction price also followed the upward trend, and the atmosphere of the transaction was generally. Praseodymium neodymium dysprosium gadolinium terbium varieties as the early rise of the main force, the festival is a rise, due to the goods sellers mood heavier, manufacturers said the current ore prices continue to rise, the high cost pressure lead to its not cheap shipments; two is due to the market waiting for more news policy guidelines in the recent market not clear before, the upstream and downstream enterprises to see the majority, holding the goods are used to raise prices to test the market.

On Monday, China's southern rare earth group announced the price of rare earth oxide, which was flat in January 22nd. The news said that next week the North rare earth will announce the price of the oxide in March, and the market will wait for its price as a guide, and some suppliers even suspend the offer. SMM believes that compared with the current market mainstream prices, North rare earth rare earth praseodymium and neodymium products in February are on the low side, and the prices in March may follow up. From the current market sentiment, bullish or flat mentality is more bearish. Although the downstream businesses are not rushing to purchase a lot, the cost of the separation plant is high because of the high cost of coal. In the short term, it is difficult to cut down the selling price. It is expected that the market will be stable and strong in the near future.