The Impact of the Pandemic Expanded, and the Upstream Supply of Rare Earth in Baotou was Stable [SMM Daily Review]_SMM | Shanghai Non ferrous Metals

2022-06-19 00:09:03 By : Mr. Barry Yang

SHANGHAI, Apr 26 (SMM) -The mainstream rare earth market was stable today, and the market wait-and-see mood was improved.

Praseodymium-neodymium oxide remained stable, and the market inquiry was poor. Today, the mainstream transaction prices of praseodymium-neodymium oxide were 850,000-860,000 yuan/mt, and a small amount of transaction prices were 855,000 yuan /mt. The mainstream quotation of praseodymium neodymium alloy was 1.045-1.050 million yuan/mt today. The mainstream transaction prices of dysprosium oxide was 2.58-2.6 million yuan/mt, and the market inquiry was poor. The mainstream quotation of dysprosium metal was 3.4-3.45 million yuan/mt. The mainstream transaction prices of terbium oxide was stable at 14.3-14.5 million yuan/mt. The terbium oxide prices continued to rise amid the large demand and less spot. The mainstream quotation of terbium metal in the market today was 17.8-18.3 million yuan/mt. The mainstream transaction prices of gadolinium oxide in the market today was 430,000-440,000 yuan/mt, and the mainstream transaction prices of gadolinium ferroalloy was slightly increased to 440,000-450,000 yuan/mt today. The market of holmium oxide was stable today, and the mainstream transaction prices of holmium ferroalloy was 1.21-1.26 million yuan/mt.

It is reported that rare earth production enterprises in Baotou were not affected by the pandemic, and the oxide separation plants and metal production plants were currently operating normally.

[Disclaimer: The above representation and data is based on market information SMM believes to be reliable at the time of acquiring as well as the comprehensive assessment by SMM research team, and any and all information provided in this article is for reference only. This article does not constitute a direct recommendation for investment or any decisions in any form and clients shall act on their own discreet and any decisions made by clients are not within the responsibility of SMM.]

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