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SMM China Rare Earth Market Daily Report on April 2
Apr 02, 2025, at 5:50 pm
April 2 SMM China Rare Earth Market Daily: Today, rare earth suppliers showed low willingness to actively quote, and the few who did offered firm prices, making it difficult to find low-priced sources. Downstream buyers' inquiry activity remained sluggish, and market sentiment continued to be dominated by a wait-and-see approach. Overall, trading volume on the rare earth raw material side was low, and prices are expected to remain stable in the near term.
SMM, April 2: Today, rare earth suppliers showed little initiative in offering prices, and the few who did quoted firm prices, making it difficult to find low-priced sources in the market. The activity of downstream buyers in inquiring about orders remained sluggish, and the market sentiment of wait-and-see was still strong. Overall, the trading volume of rare earth raw materials was low, and prices are expected to remain stable in the near term.
