Latest Update in the SMM Rare Earth Oxides Market

[SMM Rare Earth Daily Review: Market Regains Rationality, Prices Remain Stable] Currently, the overall prices in the rare earth market remain stable. After the market fervor has subsided, there has been no significant change in the supply-demand pattern, and the rare earth market has gradually returned to rationality, with quoted prices stabilizing and a resurgence of wait-and-see sentiment. Additionally, as the weekend approaches, market fluctuations are relatively small, and the activity of offers and inquiries is low.

[SMM Rare Earth Morning Meeting Summary: Rare Earth Prices Remain Relatively Stable, Wait-and-See Sentiment Resurfaces] Yesterday afternoon, the price fluctuation range of rare earth oxides was relatively small. Despite difficulties in raw material procurement, suppliers remained firm in their offers. However, the purchasing enthusiasm of downstream buyers decreased, making it difficult to close deals at high market prices.

[SMM Rare Earth Daily Review: News Hype Fades, Rare Earth Prices Remain Stable] Currently, the overall market prices of rare earths remain stable. The hype surrounding macro-level news has gradually diminished, with some industry insiders discovering that the export control policies for rare earths have not actually changed. Additionally, end-use demand is in the off-season, and orders from downstream magnetic material enterprises have not significantly increased, leading to a strong wait-and-see sentiment in the market. Practitioners are generally paying close attention to changes in end-use demand and further developments in macro policies.

[SMM Rare Earth Weekly Review: Rare Earth Prices Remain High Amid Macro Front Factors] The price of Pr-Nd oxide increased significantly this week, with most market participants' bullish sentiment strengthening and suppliers raising their quotes. Meanwhile, amid tight supply of ion-adsorption ore, the prices of medium-heavy rare earths such as dysprosium oxide and terbium oxide also held up well this week. The price of yttrium oxide remained stable at 50,000-52,000 yuan/mt this week, with relatively small market fluctuations.

[SMM Rare Earth Morning Meeting Summary: Market Heat Declines, Rare Earth Prices Continue to Pull Back] Yesterday afternoon, the prices of rare earth oxides continued to drop back slightly, with suppliers showing notably higher activity in offering prices. However, the enthusiasm of downstream inquiries decreased compared to previous days, and market trading was extremely sluggish.