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SMM, February 6: Rare earth prices showed relatively small fluctuations compared to yesterday afternoon. Specifically, Pr-Nd oxide rose to 420,000-421,000 yuan/mt, dysprosium oxide increased to 1.67-1.69 million yuan/mt, and terbium oxide climbed to 5.94-5.96 million yuan/mt. Gadolinium oxide prices rose to 160,000-165,000 yuan/mt, holmium oxide increased to 450,000-460,000 yuan/mt, while erbium oxide remained at 285,000-295,000 yuan/mt.
In terms of metals, Pr-Nd alloy prices adjusted to 515,000-520,000 yuan/mt, dysprosium-iron alloy rose to 1.64-1.65 million yuan/mt, and terbium metal increased to 7.4-7.45 million yuan/mt. Gadolinium-iron alloy prices rose to 159,000-162,000 yuan/mt, while lanthanum-cerium metal remained at 17,000-19,000 yuan/mt. Although post-holiday quotation activity was relatively low, inquiry activity increased yesterday afternoon, but actual transaction volumes still need to rebound. Downstream procurement showed no significant improvement, as magnetic material enterprises have just resumed operations, with employees not yet fully back to work and capacity not fully restored. The market trading atmosphere remains relatively subdued. Market activity is expected to gradually recover next week.
