SMM

[SMM China Rare Earth Market Daily Report on April 29] This afternoon, driven by restocking activities ahead of the Labour Day holiday, the number of inquiries in the Pr-Nd market increased, and suppliers slightly raised their quotes. However, it is understood that the volume of this restocking was relatively small. Due to the existence of uncertain factors in the future market, there is still a high level of wait-and-see sentiment in the market. Most enterprises are cautiously purchasing according to their needs, and it is expected that the price fluctuation range will be relatively small in the near future.