Praseodymium Oxide Prices Hold Firm
Praseodymium oxide FOB quotes held steady during the week, with domestic prices remaining stable and international demand constrained by licensing restrictions, limiting any notable price movement.
Praseodymium oxide FOB quotes held steady during the week, with domestic prices remaining stable and international demand constrained by licensing restrictions, limiting any notable price movement.
FOB prices for praseodymium oxide held steady in international markets while Pr-Nd oxide prices eased. Downstream magnet buyers remained cautious with limited transaction follow-through, keeping overall trading activity subdued and sentiment wait-and-see.
| Product | Region | Incoterm Basis | Price | Last Updated Month |
|---|---|---|---|---|
| Praseodymium Oxide | China | SPOT | USD 114,332.00/MT | August 2026 |
| Praseodymium Oxide | China | SPOT | USD 118,480.00/MT | July 2026 |
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Praseodymium oxide prices remained firm in H1’26, mainly due to tight rare-earth separation capacity, China-led supply controls, and strong magnet-sector demand. Asia remained the pricing center because China dominated mined rare-earth supply and processing, making global buyers sensitive to export controls and quota discipline. Trade-flow pressure also supported sentiment, as China’s rare-earth magnet exports rebounded to 5,952 MT after earlier disruption, yet less-processed rare-earth exports stayed below the monthly average. Europe faced higher procurement risk because its magnet, auto, wind, and electronics sectors depend heavily on Asian supply chains. North America remained exposed to imported compounds and metals, despite domestic mine output and rising efforts to localize processing.
Analyst Insight
According to Procurement Resource, looking forward, praseodymium oxide prices may remain firm, supported by magnet demand and supply-security buying, though inventory correction could limit sharper gains.
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In the latter half of 2025, Praseodymium Oxide registered a notable increase in price due to the tightening of global supply conditions, coupled with an increase in demand from high-tech industries. The global Praseodymium Oxide market became active due to the halt in the supply of raw materials from a key rare earth producer in the United States, which stopped supplying raw materials to China, focusing instead on processing the raw materials within the country. In addition, the tightening of control in China over the export of rare earth materials led to a squeeze in the global supply chain, which caused an upward movement in the price of Praseodymium Oxide.
Demand was robust during the period, driven mainly by the manufacturing of electric vehicles, wind energy projects, and electronic devices, which require permanent magnets. Moreover, the boost in manufacturing activities in China during the peak season helped boost demand. In addition, the government’s efforts in Western countries to set up local facilities to process rare earth materials and establish independent supply chains helped boost the prices.
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.
Pr6O11
Chemical catalyst, nanodevices and microelectronics
BASF, Dow, Eastman, Oxea, Sasol, Wu Jiang Chemical, Zibo Nalcohol Chemical
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
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Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Praseodymium oxide can be produced from Praseodymium nitrate or Praseodymium hydroxide. When heated or calcined, praseodymium nitrate or Praseodymium hydroxide gives Praseodymium oxide.
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