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Rare Earth Market Sluggish with Strong Sentiment of Wait-and-See [SMM Daily Review]

  • Feb 18, 2025, at 1:38 pm
[SMM Daily Review: Rare Earth Market Sluggish with Strong Wait-and-See Sentiment] Today, the rare earth market showed overall fluctuations. Specifically, Pr-Nd oxide prices rose to 433,000-435,000 yuan/mt, dysprosium oxide remained at 1.71-1.72 million yuan/mt, while terbium oxide fell to 6.08-6.1 million yuan/mt.

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SMM, February 18: Today, the rare earth market showed overall volatility. Specifically, Pr-Nd oxide prices rose to 433,000-435,000 yuan/mt, dysprosium oxide remained at 1.71-1.72 million yuan/mt, while terbium oxide fell to 6.08-6.1 million yuan/mt. Meanwhile, gadolinium oxide prices dropped to 160,000-164,000 yuan/mt, holmium oxide declined to 460,000-464,000 yuan/mt, and erbium oxide remained stable at 293,000-297,000 yuan/mt.

In the metal market, Pr-Nd alloy prices decreased to 530,000-535,000 yuan/mt, dysprosium-iron alloy fell to 1.67-1.68 million yuan/mt, and terbium metal dropped to 7.5-7.56 million yuan/mt. Gadolinium-iron prices declined to 158,000-160,000 yuan/mt, while lanthanum-cerium metal remained stable at 17,000-19,000 yuan/mt. Currently, the overall sentiment in the rare earth market remains subdued, with low activity in inquiries and quotations, limited transactions, and a strong wait-and-see attitude among market participants. The market is expected to see further release of downstream demand.

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