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SMM Rare Earth Weekly Survey: Rare Earth Markets Turn out Mixed (29 Jul.-2 Aug. 2013)Date:2013-08-06

SHANGHAI, Aug. 5 (SMM) – Prices for rare earth products were mixed last week due to low buying interest downstream and most producers holding prices firm, according to the most recent SMM survey. 
 
Last week, prices were RMB 28,000/mt for lanthanum oxide, RMB 28,500/mt for cerium oxide, RMB 471,000/mt for praseodymium oxide, RMB 325,000/mt for neodymium oxide, RMB 340,000/mt for didymium oxide, RMB 4,560/kg for europium oxide, RMB 2,520/kg for dysprosium oxide, RMB 185,000/mt for gadolinium oxide, RMB 47,600/mt for cerium misch metal, RMB 433,000/mt for praseodymium-neodymium alloy and RMB 2,580,000/mt for dysprosium-iron alloy.
 
SMM believes upward room for domestic rare earth prices is limited given unimproved demand, and some products, such as didymium oxide and dysprosium products, are facing downside risk.