Rare Earth Prices Jump Initially and Then Pull Back: Is There Still Room for Further Increases? [SMM Analysis]
- feb 21, 2025, at 11:29 am
[SMM Analysis: Rare Earth Prices Jumped Initially and Then Pulled Back, Is There Still Room for Further Increases?] This week, rare earth prices experienced significant fluctuations overall. Starting from the 17th, the Pr-Nd market showed a generally weak trend, with the actual transaction price of Pr-Nd oxide dropping to 432,000-433,000 yuan/mt. As top-tier enterprises increased their procurement, low-priced supplies decreased, but the actual transaction performance of downstream products remained poor, with the actual transaction price of Pr-Nd alloy falling below 530,000 yuan/mt on the 19th.
