July 31 SMM Rare Earth Afternoon Trading Comment

Published: Jul 31, 2026 18:41

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[SMM Rare Earth Afternoon Trading Comment] As the weekend approaches, the rare earth market is sluggish, with Pr-Nd oxide suppliers offering few quotes and most metal plants refraining from inquiries and purchases for now; the gadolinium oxide market also remains sluggish, with prices showing no significant change from the morning session; the Pr-Nd alloy market sees limited inquiry activity, with some suppliers lowering their quotes, but actual transactions have not improved significantly, and downstream players show a strong wait-and-see sentiment; the gadolinium iron market also sees limited inquiries, with quotes stable at 202,000-205,000 yuan/mt

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