REMX is trading lower in pre-market as praseodymium-neodymium oxide prices slipped below 720,000 yuan per metric ton.
- Price: The August 19 average was 716,400 yuan per ton, down 3,000 yuan.
- Weak downstream inquiries and sluggish transactions are pressuring the rare-earth market.
- % Change: 3.24% down; elevated Treasury yields, oil above $90, Middle East tensions, and Tuesday’s technology-led equity selloff are amplifying risk aversion across materials and capital-intensive mining assets.