[SMM Rare Earth Morning Meeting Summary] Pr-Nd Oxide Weakens, Metals Follow the Decline, Scrap Prices Fall with Sellers Holding Back from Selling in a Standoff, Magnetic Material Orders Recover
[Pr-Nd Oxide Weak, Metals Follow Lower; Scrap Prices Decline amid Holdback Standoff; Magnetic Material Orders Recover] Yesterday, affected by futures price fluctuations, the overall market was under pressure, and most industry participants remained bearish. Downstream metal producers showed strong wait-and-see sentiment, with purchase willingness remaining subdued; some traders continued selling at low prices to facilitate transactions, and Pr-Nd oxide prices extended their weak trend. In the medium-heavy rare earth segment, overall market movement was limited, and dysprosium oxide and terbium oxide prices remained relatively stable.