[SMM Rare Earth Weekly Review: Rare Earth Prices Continued to Rise This Week, Market Trading Activity Increased] Pr-Nd oxide market prices, supported by raw material costs and expectations of reduced upstream supply, saw a notable increase in downstream purchasing activity. Suppliers raised their offers one after another, and low-priced supplies tightened rapidly. As of today, Pr-Nd oxide prices rose to 773,000-778,000 yuan/mt over the week.

[SMM Rare Earth Weekly Review: Rare Earth Prices Hold Up Well, and Market Inquiry Activity Increases] The Pr-Nd oxide market as a whole continued to hold up well. Under the impact of expectations of tighter supply and pronounced fluctuations in futures prices, upstream suppliers kept raising their offers, while low-priced cargoes tightened rapidly, pushing Pr-Nd oxide prices up to 722,000-728,000 yuan/mt.

[SMM Rare Earth Weekly Review: Rare Earth Prices Pulled Back Significantly, Downstream Inquiries and Procurement Decreased] Affected by fluctuations in futures prices, confidence in the Pr-Nd oxide market dropped sharply. Traders proactively sold off cargoes at low prices, causing transaction prices in the Pr-Nd oxide market to fall rapidly. As of today, Pr-Nd oxide prices had already pulled back to 690,000-700,000 yuan/mt.

[SMM Rare Earth Weekly Review: Rare Earth Prices Fell First, Then Rose; Pr-Nd, Dysprosium, and Terbium Saw Wide Swings] Due to the combined impact of market news and falling futures prices, suppliers in the Pr-Nd oxide market lacked confidence in the future market and proactively cut prices for shipments. However, upstream separation plants believed that the tight supply pattern of Pr-Nd oxide had not changed. Therefore, Pr-Nd oxide prices pulled back to 760,000-780,000 yuan/mt before rebounding to 790,000-800,000 yuan/mt.

[SMM Rare Earth Weekly Review: Rare Earth Prices Pulled Back, Strong Wait-and-See Sentiment Downstream] Affected by news-related factors, the Pr-Nd oxide market saw heightened wait-and-see sentiment among downstream metal plants, and some traders proactively cut prices to boost shipments. As of today, Pr-Nd oxide prices had pulled back to 845,000-850,000 yuan/mt.

[SMM Rare Earth Weekly Review: Rare Earth Prices Rose Across the Board After the Holiday, Market Trading Showed Signs of Recovery] The supply of Pr-Nd oxide remained tight, and most industry participants held optimistic expectations for the future market. Although post-holiday procurement activity did not show significant improvement, suppliers maintained relatively high quotations. As of today, the price of Pr-Nd oxide was further raised to 885,000-890,000 yuan/mt.