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SMM China Rare Earth Market Daily on December 25
Dec 25, 2024, at 5:53 pm
[December 25th SMM China Rare Earth Market Daily] Today, rare earth oxide prices gradually stabilized, with limited acceptance of high-priced raw materials from downstream buyers. High-priced transactions remained challenging, but suppliers maintained firm offers, and low-priced sources were hard to find. Metal factories followed the firm oxide quotations, but downstream magnetic material enterprises had low procurement volumes, and the trading atmosphere remained sluggish.
SMM December 25 News: Today, the prices of rare earth oxides gradually stabilized. Downstream acceptance of high-priced raw materials remained limited, making high-price transactions difficult in the market. However, suppliers' quotations remained firm, and low-priced sources were hard to find. Metal factories followed the firm oxide quotations, but downstream magnetic material enterprises had low procurement volumes, and the trading atmosphere remained sluggish.
