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SMM China Rare Earth Market Daily Report on April 21
Apr 21, 2025, at 5:54 pm
【April 21 SMM China Rare Earth Market Daily】Today, rare earth prices were generally in the doldrums. At the beginning of the week, downstream demand inquiries were relatively inactive. Amid mixed market news, downstream procurement became more cautious. Suppliers were actively offering goods, and overall, producer quotations remained firm. However, some traders actively sold at lower prices, leading to a slight overall decline in rare earth prices.
SMM, April 21: Today, the overall rare earth prices were in the doldrums. At the beginning of the week, the inquiry activity from downstream demand was relatively low. Amidst a mix of various market news, downstream procurement became more cautious. The suppliers were actively offering goods, and overall, the producer's quotations remained firm. However, some traders actively sold at lower prices, which led to a slight overall decline in rare earth prices.