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SMM China Rare Earth Market Daily on December 26
Dec 26, 2024, at 8:43 pm
[December 26 SMM China Rare Earth Market Daily] Today, Pr-Nd oxide prices began to drop back slightly as downstream purchase willingness at high prices decreased. Prices of medium-heavy rare earth products such as dysprosium and terbium remained relatively firm. Some industry participants believed that the import situation of Myanmar ore would be difficult to recover before the year-end holidays. Suppliers at the ore end maintained firm quotations with low willingness to sell.
SMM December 26 News: Today, Pr-Nd oxide prices began to drop back slightly as downstream purchase willingness at high prices decreased. Prices of medium-heavy rare earth products such as dysprosium and terbium remained relatively firm. Some industry participants believed that the import situation of Myanmar ore would be difficult to recover before the year-end holidays. Suppliers at the ore end maintained firm quotations with low willingness to sell.
