Rare Earth Ore Imports Surge in Early 2026, Exceeding Demand and Causing Surplus[SMM Analysis]

Offers Continued to Rise Intraday While Transactions Were Limited, and Buyers Maintained Strong Wait-and-See Sentiment [SMM Yangshan Spot Copper]

Copper Prices Continued to Decline as the Market Entered a Wait-and-See Mode; Trading Activity Fell, and Most Cargoes Were Locked in Imports [SMM Yangshan Spot Copper]

In the Market, Although Rare Earth Prices Outside China Fell, Premiums Remained Significant; Industrially, Lynas Aggressively Expanded Into Medium-Heavy Rare Earth [SMM Rare Earth Weekly Review Outside China]

Freeport CEO Said Copper Demand Will Remain Resilient, with Both LME Copper and SHFE Copper Surging Overnight [SMM Copper Morning Meeting Summary]