Shaky demand to weigh on China's Pr-nd market

摘要

Chinese praseodymium-neodymium oxide and metal prices are coming under further pressure as demand continues to weaken both within and outside of China. Argus assessed the range for 99pc praseodymium-neodymium oxides at 265,000-270,000 yuan/t ($37,340-38,040/t) ex-works today, down from Yn267,000-272,000/t on 31 March and Yn275,000-279,000/t on 2 March. Prices for 99pc praseodymium-neodymium metal fell to Yn335,000-340,000/t ex-works today, down from Yn337,000-342,000/t on 31 March and Yn351,000-355,000/t on 2 March.