[SMM Rare Earth Morning Meeting Summary: Rare earth market in the doldrums, wait-and-see sentiment may persist] Prices of rare earth oxides are generally weak, and market transactions remain sluggish. According to market information, most separation plants are maintaining firm quotes, but some traders in the market are offering low-priced goods. Buyers are cautiously waiting and watching, and the trading atmosphere is poor.

[SMM Rare Earth Morning Meeting Summary: Limited Transactions in the Upstream Rare Earth Market, Overall Market Stable] The market prices of rare earth oxides are generally stable, with limited transactions for Pr-Nd oxide and dysprosium oxide. However, the terbium oxide market is relatively sluggish. Most suppliers are offering firm quotes, but metal companies are reluctant to purchase high-priced oxides due to losses in raw material costs.

[SMM Rare Earth Morning Meeting Summary: Prices of rare earths in the upstream market remain firm, with the overall market continuing to adopt a wait-and-see attitude] Last week, as the weekend approached, the price of Pr-Nd oxide experienced a slight rebound. According to some industry participants, with the Pr-Nd price falling to a low level and most suppliers being optimistic about the market outlook, it was difficult for prices to continue declining. The downstream purchase willingness strengthened, the activity of market inquiries improved somewhat, and suppliers slightly raised their quotes.

[SMM Rare Earth Morning Meeting Summary: Rare Earth Prices Drop Back Slightly, Downstream Trading Increases Slightly] The overall prices of rare earth oxides continue to drop back slightly. However, based on the quotation situation of separation plants, the current prices have become relatively firm. Suppliers are unwilling to continue driving down prices to sell goods. Most industry participants are adopting a wait-and-see attitude towards the future market of rare earths. It is expected that rare earth prices will remain relatively stable in the short term.

[SMM Rare Earth Morning Meeting Summary: Metal Quotations Pull Back, Stalemate Between Upstream and Downstream Continues] Prices of rare earth oxides dropped back slightly overall. However, according to the feedback from separation plants, most suppliers are still reluctant to offer goods at low prices. Some industry participants still have good expectations for the future prices of rare earths, and the trading volume in the market is relatively small.

[SMM Rare Earth Morning Meeting Summary: Metal Quotations Pull Back, Deadlock Between Upstream and Downstream Continues] Prices of medium-heavy rare earth oxides remain generally strong, primarily due to the combined impact of rising costs at the ore end and procurement by major manufacturers. However, at the same time, the price of Pr-Nd oxide has slightly pulled back amid the spreading fear of high prices in the market.