Latest Update in the SMM Concentrate Market

SMM Analysis: Unlisted Rare Earth Oxide Imports Continue to Tighten, When Will Myanmar Ore Imports Recover? In January-February 2025, China's imports of unlisted rare earth oxides were about 4,163 mt, down 40% YoY; in February, the imports were only 1,270 mt, a 56% decrease YoY and a 60% decline MoM.

[SMM Rare Earth Daily Review: Intense Back-and-Forth Negotiations Between Upstream and Downstream, Rare Earth Prices Stabilize] Today, the overall rare earth market showed a stable condition, with prices basically maintaining a steady level. In the oxide market, Pr-Nd oxide prices stabilized at 444,000 to 445,000 yuan per mt, dysprosium oxide prices remained at 1.68 million to 1.7 million yuan per mt. Terbium oxide continued to hold its price at 6.56 million to 6.6 million yuan per mt.

SMM Rare Earth Weekly Review: Limited Low-Priced Supplies, Minor Fluctuations in Rare Earth Prices Currently, lanthanum oxide prices held steady at 4,200-4,600 yuan/mt, while cerium oxide prices continued to rise this week to 12,500-13,500 yuan/mt. Throughout the week, rare earth oxide prices generally remained stable. With no new mining quotas issued, downstream buyers adopted a wait-and-see approach, but suppliers were also reluctant to lower prices, leading to limited low-priced supplies. The price fluctuations of mainstream rare earth products were relatively small, although some rare earth oxides saw a slight pullback. Yttrium oxide prices pulled back to 53,000-55,000 yuan/mt this week.

DMEGC's March 19 announcement of the information from the online investor exchange meeting shows: 1. What is the medium and long-term development plan for the company's magnetic materials and devices segment? 

[SMM Rare Earth Morning Meeting Summary: Traders Offer Low Prices, Oxide Prices Drop Back Slightly] Yesterday, rare earth oxide prices remained generally stable, with low market purchasing activity. Some traders actively sold at low prices, leading to a pullback in the prices of certain oxides. However, factory quotations remained relatively firm, and the overall price fluctuation of mainstream products was relatively small.

[SMM Rare Earth Daily Review: Rare Earth Prices Stabilized, Market Sentiment Remained Cautious] The rare earth market remained stable overall today, with prices continuing to hold steady. On the oxide side, Pr-Nd oxide prices slightly declined to 444,000-445,000 yuan/mt, dysprosium oxide remained stable at 1.68-1.7 million yuan/mt, and terbium oxide prices dropped to 6.56-6.6 million yuan/mt.

[SMM Rare Earth Morning Meeting Summary: Rare Earth Prices Remain Firm, Market Trading Activity Low] Yesterday, rare earth oxide prices fluctuated within a relatively small range. At the beginning of the week, suppliers of rare earth oxides showed low enthusiasm in quoting prices. Actual market prices remained firm, while inquiries from downstream buyers were weak, resulting in relatively low trading volume.

[March 17 SMM China Rare Earth Market Daily] Today, rare earth prices remained generally stable. Most suppliers maintained firm offers, with low-priced sources being scarce. Some traders achieved a small number of low-priced transactions. Demand side, market inquiry activity was not high today, and trading volume was limited. Rare earth prices are expected to remain relatively stable in the short term.