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SMM China Rare Earth Market Daily on December 18
Dec 18, 2024, at 5:50 pm
[December 18 SMM China Rare Earth Market Daily] Today, rare earth prices further declined, with suppliers actively offering goods and low-price transactions being frequently reported. Even when there is demand, downstream buyers show low purchase willingness, and market expectations for the future remain generally pessimistic. Some industry participants are even holding a bearish view on prices after the New Year. Traders continue to lower prices to offload goods, and rare earth prices are expected to fluctuate downward in the future.
SMM, December 18: Today, rare earth prices further declined as suppliers actively offered goods, with low-price transactions frequently reported. Even when there is demand, downstream buyers show low purchase willingness. Market expectations for the future remain generally low, with some participants even holding a pessimistic view of prices after the New Year. Traders continue to lower prices and sell off goods, and rare earth prices are expected to continue to fluctuate downward in the future.
