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SMM China Rare Earth Market Daily on March 5
Mar 05, 2025, at 10:20 am
[March 5th SMM China Rare Earth Market Daily] Today, the overall mainstream prices of rare earth products fluctuated downward slightly. Factory quotations remained firm, but low-priced supplies from traders emerged in the market. Downstream inquiry activity slightly increased compared to previous days, though mainly consisting of tentative inquiries, with no significant improvement in actual trading volume. Metal factory quotations were adjusted in line with mainstream prices of oxides, while magnetic material enterprises remained cautious in their procurement.
SMM March 5 News: Today, the overall prices of mainstream rare earth products fluctuated downward slightly. Factory quotations remained firm, but low-priced supplies from traders emerged in the market. Downstream inquiry activity slightly increased compared to previous days, though mostly consisting of tentative inquiries, with no significant improvement in actual trading volume. Metal factory quotations were adjusted in line with mainstream oxide prices, while magnetic material enterprises remained cautious in their procurement.