Praseodymium Oxide Price Trend and Forecast

Regional Price Trend

Get the latest insights on price movement and trend analysis of Praseodymium Oxide in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Praseodymium Oxide Price Trend for the First Half of 2023

Praseodymium is a light rare earth metal primarily used alongside Neodymium Oxide for deep cleaning, glass manufacturing, ceramics, high magnetic materials, chemical catalysts, nanodevices, and microelectronics. China is the biggest producer and supplier of such rare earth metal oxides.

Praseodymium Oxide Price Trends and Forecast

During the first half of the year 2023, the price trend for Praseodymium Oxide observed fluctuating patterns, which finally turned negative/southwards at the end of the second quarter. Praseodymium Oxide, though found naturally in mineral form along with Neodymium oxide, can also be produced from Nitrates or Hydroxides of Praseodymium. Overall, the Praseodymium Oxide market remained anchored throughout the said period.

Analyst Insight

According to Procurement Resource, after declining in the last quarter of H1, the Praseodymium Oxide prices are expected to stabilize in the upcoming months.

Procurement Resource provides latest prices of Praseodymium Oxide. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

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About

Praseodymium oxide is a white solid inorganic compound.  It is most stable in its cubic fluorite structure and has wide applications in chemical catalysis, nanodevices and microelectronics.

Product Details

Report Features Details
Product Name Praseodymium Oxide
Industrial Uses Chemical catalyst, nanodevices and microelectronics
Chemical Formula Pr6O11
CAS Number 12037-29-5
Molecular Weight 1021.44 g/mol
Supplier Database BASF, Dow, Eastman, Oxea, Sasol, Wu Jiang Chemical, Zibo Nalcohol Chemical
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery


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Production Processes

Praseodymium oxide can be produced from Praseodymium nitrate or Praseodymium hydroxide. When heated or calcined, praseodymium nitrate or Praseodymium hydroxide gives Praseodymium oxide.

Methodology

The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

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