NdPr pricing YTD up 15.4% and in a few weeks 20.7% reaching 312 RMB/kg NdPr

The market rumors have been confirmed and Baotou has raised again the NdPr domestic price in June 2017, this time about 5.5%. So year to date the realised price increase in the market is +15.4% (01.01.2017 = 258.5 and 12.06.2017 = 298.5 Chinese Yuan equals 43.96 US Dollar).  We expect that new communicated NdPr oxide price of 312 Yuan (45.95 USD/KG NdPr ) will be established over the next coming weeks. We also expect that the prices for metal and ore will follow soon.

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