AUGUST 2017 – CHINA NORTHERN RARE EARTH GROUP INCREASED 7TH TIME THIS YEAR THE NDPR PRICE YTD 91%

Baotou announced their new August price list with a steep price increase for Neodymium/Praseodymium Oxide 2N domestic China from 330 RMB to 420 RMB per kilogram. After the announcement, the market climbed to 495 RMB/kg or 74.27 USD/kg to YTD 91% (01.01.2017 = 258,5 RMB).

 

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