China's rare earth price index fell slightly on Tuesday

China's rare earth price index (RARE-earth index) dropped 6.36 points, or 0.50%, from the previous working day to 1255.62 points On Monday.The price of dysprosium and terbium oxide has been lowered, magnetic materials enterprises' inquiries have been light, purchase on demand, upstream manufacturers' quotations have been stable, and actual transactions have not been expected.

Among them, erbium oxide, thulium oxide, ytterbium oxide, yttrium oxide, scandium oxide and neodymium oxide single product price index respectively increased compared with the previous working day.The price indices of holmium oxide, lutetium oxide, samarium oxide, europium oxide, gadolinium oxide, terbium oxide, dysprosium oxide, praseodymium oxide, cerium oxide, lanthanum oxide and praseodymium oxide respectively fell compared with the previous working day.

In terms of rare earth functional materials, the price index of rare earth magnetic materials reached 1205.70 points, down 0.97 percent from the previous working day.The price index of rare earth hydrogen storage materials was at 1014.31 points, down 0.54% from the previous working day.The price index of rare earth catalytic materials was at 879.80 points, down 0.29% from the previous working day.The price index of rare earth luminescent materials traded at 738.46, down 1.67 percent from the previous working day.

China's rare earth price index by the China economic news agency xinhua index (http://index.xinhua08.com/) and baotou rare earth products exchange jointly compiled and published.