Latest Update in the SMM Rare Earth Metals Market

In August, multiple factors led to a surge in both production and prices for Pr-Nd oxide and terbium oxide.

Last week, rare earth prices surged rapidly, with Pr-Nd oxide rising by 6.9%, dysprosium oxide by approximately 5%, and terbium oxide by 7.4%.

In August 2024, domestic production of Pr-Nd oxide and Pr-Nd alloy increased slightly MoM.

This week, the price trend of Pr-Nd oxide continued to be strong.

China Northern Rare Earth's September listing prices were released on the afternoon of September 2. As many market participants had expected, the September listing prices for various rare earth products from China Northern Rare Earth saw a significant increase compared to August.

The technology sector is increasingly becoming aware of the significance of rare earth elements (REEs) and their price dynamics, given their crucial role in numerous high-tech applications. Understanding the nuances of rare earth prices is essential for businesses aiming to navigate challenges and leverage opportunities in this evolving landscape. This article will delve into key dynamics surrounding rare earth prices and their influence on the tech industry, providing insights for industry experts and stakeholders.

China Northern Rare Earth's September listing prices were released on the afternoon of September 2!

Following flat prices in July and August, China Northern Rare Earth's September listing prices "increased" as expected by many market participants.