Monthly Rare Earth Market Report Nov 2019
2019-12-12 20:45:52 【Print】
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1. Market Highlights
Dragged by the soft demand from NdFeB magnet industry, prices of Chinese PrNd, terbium, gadolinium and holmium related products declined in early November. Markets of these products saw slow buying activities. As rare earth ore prices increasing, prices of above products increased in late November. Because a few major groups purchased dysprosium oxide from spot market, prices of dysprosium related products kept increasing in November in spite of consumers' wait-and-see attitudes. Discouraged by the abundant supply, markets of lanthanum, cerium, europium and yttrium related products saw dropping prices in November.
Dragged by the soft demand from NdFeB magnet industry, prices of Chinese PrNd, terbium, gadolinium and holmium related products declined in early November. Markets of these products saw slow buying activities. As rare earth ore prices increasing, prices of above products increased in late November. Because a few major groups purchased dysprosium oxide from spot market, prices of dysprosium related products kept increasing in November in spite of consumers' wait-and-see attitudes. Discouraged by the abundant supply, markets of lanthanum, cerium, europium and yttrium related products saw dropping prices in November.
