Latest Update in the SMM Rare Earth Oxides Market

Pr-Nd oxide prices rose last week.

Last week, rare earth product prices were relatively stable.

This is a summary of China metals output in April and forecast for May.

In April 2024, domestic Pr-Nd alloy output was 5,866 mt, a month-on-month increase of 2.13%.

On May 6, China Northern Rare Earth (Group) High-Tech announced its listing prices of rare earth products for May, with price hikes for many rare earth products.

Pr-Nd oxide prices rose last week.

According to customs data, China's imports of rare earth metal ores stood at 5,905.7 mt in March, up 55% YoY and 68% MoM.

According to customs data, China's rare earth metal ore imports in March 2024 were 5905.7 tons, a year-on-year increase of 55% and a month-on-month increase of 68%. The cumulative imports from January to March 2024 were 13,511 tons, a year-on-year decrease of 19%. From January to March 2024, China's unspecified rare earth oxide imports totaled 12,135 tons, a year-on-year increase of 21%. The import volume in March was 5169.3 tons, a year-on-year increase of 34% and a month-on-month increase of 65%.