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SMM China Rare Earth Market Daily Report on March 26
Mar 26, 2025, at 5:40 pm
SMM China Rare Earth Market Daily Report on March 26: Today, Kachin officially issued a notice announcing the resumption of imports of rare earth ore from Myanmar's inventory starting tomorrow. In this context, most suppliers' confidence in the future market further declined, leading to an increase in low-priced supplies and a noticeable enhancement in the initiative to sell. Influenced by the sentiment of rushing to buy amid continuous price rise and holding back amid price downturn, downstream enterprises mainly engaged in tentative inquiries, with low purchase willingness and limited trading volume of rare earth raw materials.
SMM, March 26: Today, Kachin officially issued a notice announcing the resumption of imports of rare earth ore from Myanmar's inventory starting tomorrow. In this context, the confidence of most suppliers in the future market further declined, leading to an increase in low-priced sources and a noticeable enhancement in the initiative to sell. Influenced by the sentiment of rushing to buy amid continuous price rise and holding back amid price downturn, downstream enterprises mainly engaged in tentative inquiries, with low purchase willingness and limited trading volume of rare earth raw materials.
