Huge one day jump in prices, particularly on top of a month of...

Huge one day jump in prices, particularly on top of a month of steady appreciation.

Downstream will be scrambling to rebuild inventory if there is any indication this will continue:

NdO +3%
NdPr +2%


Neodymium oxide content 99.0-99.9%
13% VAT included
Avg.:331,500
+10,000 (+3.11%)
Price Range:330,000 - 333,000
Date:Aug 06, 2020






Praseodyium-neodymium oxide content ≥99%
13% VAT included

Avg.:312,500
+6,500 (+2.12%)
Price Range:310,000 - 315,000
Date:Aug 06, 2020



Also note break out price action & volume action industry giant CNRE, looks like Chinese punters are piling in after a long absence:

https://finance.yahoo.com/chart/600...sTmFtZSI6IuKAjG1hY2TigIwgKDEyLDI2LDkpIn19fX0-