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SMM China Rare Earth Market Daily on February 11
Feb 11, 2025, at 6:10 pm
[February 11 SMM China Rare Earth Market Daily] Today, the prices of mainstream rare earth products showed a trend of jumping initially and then pulling back. Amid the market's fear of high prices, some traders actively sold at lower prices, and market quotation activity was significantly higher than before. However, factory quotations remained relatively firm, and with major manufacturers purchasing, the downside room for neodymium oxide prices was limited. It is expected that neodymium prices may rebound again, supported by tight raw material supply.
SMM February 11 News: Today, the prices of mainstream rare earth products showed a trend of jumping initially and then pulling back. Amid market sentiment of fear towards high prices, some traders actively sold at lower prices, leading to a noticeable increase in market offering activity compared to before. However, factory quotations remained relatively firm, and with major manufacturers purchasing, the downside room for neodymium oxide prices was limited. It is expected that neodymium prices may rebound again, supported by tight raw material supply.
