Rare Earth Metal Weakens in China As Market Wait Guidance from the China Northern Rare Earth Group

  • Oct 13, 2019 AEDT
  • Team Kalkine

Rare earth oxides spot market tumbled in China post the Golden Week holiday as market participants stood across the sidelines post the customs clearance in Myanmar pre-holiday.

  • The light rare-earth oxide market saw tepid trades for major part of the week as consumers anticipated outlook from the listed prices by China Northern Rare Earth Group;
  • The price outlook on praseodymium-neodymium oxide was supported after the state-owned mining company held its October listed prices of light rare earth products unchanged from a month ago, in an announcement on October 10;


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