SMM

Rare earth concentrate prices weakened last week. During the week, the prices of rare earth carbonate fell from 41,800- 42,100 yuan/mt two Fridays ago to 39,300- 39,700 yuan/mt last Friday, a drop of 5.8%; medium-yttrium, europium-rich ore prices fell from 231,000-233,000 yuan/mt to 216,000-218,000 yuan/mt, a drop of 6.5%.