SMM China Rare Earth Market Daily Report on March 31

Mar 31, 2025, at 5:52 pm

SMM China Rare Earth Market Daily Report on March 31: Today, rare earth prices remained generally stable. Last week, news of an earthquake in Myanmar caused a certain degree of price increase for rare earth raw materials due to sentiment and speculation. However, it is understood that the earthquake did not affect Myanmar mines, and downstream enterprises made rational purchases under these circumstances, with weak purchase willingness for high-priced goods. Although the price of Pr-Nd oxide was quoted at 445,000 yuan/mt this morning, sources priced above 443,000 yuan/mt were largely ignored.

SMM March 31 News: Today, rare earth prices remained generally stable. Last week, following news of an earthquake in Myanmar, rare earth raw material prices experienced a certain degree of increase due to sentiment and speculation. However, it is understood that the earthquake did not affect mines in Myanmar, and downstream companies made rational purchases under these circumstances, with weak purchase willingness for high-priced goods. Although the price of Pr-Nd oxide was quoted at 445,000 yuan/mt this morning, sources priced above 443,000 yuan/mt were largely ignored.

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SMM China Rare Earth Market Daily Report on March 31

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