China Northern Rare Earth raises listed prices of rare earth oxides

China Northern Rare Earth (Group) raised listed prices of praseodymium-neodymium oxide and praseodymium-neodymium metal for June, by?2,000 yuan/mt from May, on Friday June 8.?稀土

This brought the listed price of praseodymium-neodymium oxide to 332,000 yuan/mt, and that of praseodymium-neodymium metal to 423,000 yuan/mt.

The increase came?after the Group lowered?the listed price of praseodymium-neodymium oxide to 330,000 yuan/mt in May, down 33,000 yuan/mt from April, due to poor downstream demand in the low season.

Source: SMM