Baotou Rare Earth Exchange: Mainstream rare earth product prices have declined today

According to Baotou Rare Earth Products Exchange, the prices of mainstream rare earth products have declined today. The average price of praseodymium-neodymium oxide is 860,600 yuan/ton, down 19,200 yuan/ton; the average price of praseodymium-neodymium metal is 1,054,500 yuan/ton, down 16,300 yuan/ton; the average price of dysprosium oxide is 1,580,000 yuan/ton, down 24,300 yuan/ton; the average price of terbium oxide is 6,455,000 yuan/ton, down 29,200 yuan/ton. There was limited trading information today for inquiries on praseodymium oxide, neodymium oxide, europium oxide, lanthanum-cerium oxide, and neodymium metal products; please exercise caution when referencing. The market was relatively quiet at the beginning of the week, and rare earth prices have declined today. Under high price levels, downstream companies are generally cautious in procurement, resulting in insufficient transaction volumes and limited price support. Overall, the current trend of rare earth prices is shifting towards weakness and stability. Although downstream procurement is not active, traders are actively participating, and sellers holding stocks remain optimistic about the future market, with low willingness to lower prices. It is expected that rare earth prices will remain stable in the near term.