Latest Update in the SMM Rare Earth Salts Market

[SMM Rare Earth Morning Meeting Summary: The overall rare earth market remains stable, with strong wait-and-see sentiment among upstream and downstream players] After the midday break, rare earth prices pulled back significantly. Among them, Pr-Nd prices remained relatively firm, with suppliers unwilling to sell at low prices. However, dysprosium and terbium prices saw a more pronounced decline, with downstream purchasers showing weak purchase willingness, resulting in fewer market transactions.

[SMM Rare Earth Daily Review: Rare Earth Prices Remain Steady, Market Bullish Sentiment Resurfaces] Currently, rare earth market prices continue to remain stable. The supply of low-priced goods is gradually decreasing. Coupled with the gradual recovery of end-use demand and the accelerated approval of export licenses, market confidence has been boosted, and most industry players have high expectations for the future prices of rare earths. However, due to the still sluggish downstream demand, the order volume of magnetic material enterprises has not increased, and their acceptance of high prices is average, resulting in weak market transactions.

[SMM Rare Earth Morning Meeting Summary: Prices of Rare Earth Upstream Products Rise Slightly, Overall Market Remains Stable for Now] Quotations for rare earth oxides have increased slightly, with tighter supply at lower prices. It is understood that currently, most industry players have high expectations for the future prices of rare earths, but downstream demand remains weak. The price fluctuations of rare earth oxides were relatively small at the beginning of the week.

[SMM Rare Earth Daily Review: Rare Earth Prices Remain Stable at High Levels, with Strong Wait-and-See Sentiment in the Market] Currently, rare earth market prices are running smoothly. This is mainly due to the impact of market speculation driven by news. After prices rose, wait-and-see sentiment in the market increased, with low activity in overall market offers and inquiries, and average actual trading volume. Meanwhile, as magnetic material enterprises have been restocking and purchasing recently, and end-use demand has not improved, their acceptance of high-priced metals is average.

[SMM Rare Earth Morning Meeting Summary: Rare Earth Market Prices Remain Firm, Upstream Transactions Recover] Rare earth oxide prices have significantly warmed up. Driven by the combined effects of concentrated procurement by large downstream manufacturers and suppliers' refusal to budge on prices, the price trend of rare earth oxides has been strong. Market inquiry activity has also increased since last week. Currently, most industry players hold an optimistic view on the future prices of rare earths.