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SMM China Rare Earth Market Daily on February 10
Feb 10, 2025, at 5:48 pm
[February 10 SMM China Rare Earth Market Daily] Today, the prices of mainstream rare earth products rose rapidly. Starting from noon, high-price sentiment spread across the market, making high-price transactions slightly challenging. Some suppliers slightly lowered their quotations accordingly, and the actual transaction price of Pr-Nd oxide pulled back slightly compared to the morning. However, considering the difficulty in procuring mine-end products, separation plants also showed relatively low willingness to sell oxides, and low-priced supplies in the market remained scarce.
SMM February 10 News: Today, the prices of mainstream rare earth products rose sharply. Starting from noon, the market saw a spread of sentiment fearing high prices, making high-price transactions somewhat challenging. Some suppliers slightly lowered their quotations accordingly, and the actual transaction price of Pr-Nd oxide pulled back slightly compared to the morning. However, considering the difficulty in procuring mine-end products, separation plants also showed relatively low willingness to sell oxides, and low-priced supplies in the market remained scarce.
