Rare earth market in China: Rare earth prices continue to show different patterns amid the price of praseodymium neodymium metal and europium oxide declines slightly.
The Southern Rare Earth Group lowered part of rare earth oxide prices, which hurt market confidence and downstream magnetic factories still wait and see. In the short run, replenishment demand from businesses is difficult to grow and rare earth price will remain weak adjustment. The supply is expected to support products price in the latter market if production is stopped or limited.
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