Baotou Rare Earth Products Exchange: Today's mainstream rare earth product prices are generally on the rise

According to the Baotou Rare Earth Products Exchange, today (February 10), the prices of mainstream rare earth products generally increased. The average price of praseodymium-neodymium oxide is 850,200 yuan/ton, up 51,400 yuan/ton; the average price of praseodymium-neodymium metal is 1,016,000 yuan/ton, up 39,700 yuan/ton; the average price of dysprosium oxide is 1,412,200 yuan/ton, up 11,400 yuan/ton; the average price of terbium oxide is 6,234,300 yuan/ton, up 20,000 yuan/ton. Currently, praseodymium-neodymium product quotes continue to rise, but most magnetic material companies are in holiday mode, and metal companies have mostly finished stockpiling. Overall purchasing interest is low, and actual transactions are limited. Driven by this, prices of medium and heavy rare earths have also increased, but market demand remains limited, and transactions are very few. It is recommended that traders analyze market trends rationally and continue to monitor actual supply and demand changes.