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SMM China Rare Earth Market Daily on February 18
Feb 18, 2025, at 9:41 am
[February 18 SMM China Rare Earth Market Daily] Today, the rare earth market experienced a sluggish trading atmosphere. The price of Pr-Nd oxide saw a slight increase, driven by news of procurement from top-tier enterprises. Prices of dysprosium and terbium products struggled to achieve high transactions due to weak downstream demand and low inquiry activity in the market. However, separation plants maintained firm quotations, with intense back-and-forth negotiations between upstream and downstream, resulting in a subdued trading atmosphere in the market.
SMM, February 18: Today, the rare earth market experienced a sluggish trading atmosphere. The price of Pr-Nd oxide saw a slight increase, driven by news of procurement from top-tier enterprises. Meanwhile, the prices of dysprosium and terbium products struggled to achieve high transactions due to weak downstream demand and low inquiry activity in the market. However, separation plants maintained firm quotations, leading to intense back-and-forth negotiations between upstream and downstream, with the overall market trading atmosphere remaining subdued.
