Praseodymium and neodymium prices rose slightly in the first half of February because of logistics disruptions caused by the coronavirus outbreak. However, rare earth prices began to fall in late February owing to a rise in supplies as the outbreak eased, and weak demand from downstream sectors.
Prices for medium and heavy rare earths, especially dysprosium and terbium, have continued to rise since February, driven by a shortage of imported rare earth ores from Myanmar and other multiple factors.
Join Argus Lead Analyst, China Rare Earths, Alice Mu for this webinar to learn more about the updates in China rare earths market.
Alice Mu，Argus Lead Analyst, China Rare Earths