August 13 rare earth product prices rose across the board

    China's rare earth price index rose 19.08 points, or 1.50%, from the previous working day to 1290.22 points Wednesday.Affected by the increase of the listing price of rare earth products in North China, the market inquiries became more active, the spot stocks of the separating enterprises were tight, and the businesses became more confident and reluctant to sell the products at cut-price, thus driving the overall price increase of rare earth products.

    Among them, the price indexes of holmium oxide, erbium oxide, ytterum oxide, lutetium oxide, yttrium oxide, samarium oxide, europium oxide, gadolinium oxide, terbium oxide, praseodymium oxide, scandium oxide, cerium oxide, lanthanum oxide, neodymium oxide and praseodymium oxide respectively rose compared with the previous working day.

    In terms of rare earth functional materials, the price index of rare earth magnetic materials was 1241.98 points, up 1.22 percent from the previous working day.The price index of rare earth hydrogen storage materials reached 1,152.99 points, up 1.20% from the previous working day.The price index of rare earth catalytic materials reached 936.52 points, up 0.79 percent from the previous working day.The price index of rare earth luminescent materials reached 785.15 points, up 2.98 percent from the previous working day.