Washing Machine Production in Aug 2026 to Reach 12.15M Units, Consuming 2,582 mt of NdFeB

[SMM Recycled Rare Earth Weekly Review: Scrap Prices Stable, Market Activity Slows Ahead of Holiday] Overall, Pr-Nd scrap prices remained stable this week, with a slight upward adjustment near the weekend. Recycling enterprises turned cautious about chasing higher prices after wrapping up pre-holiday stockpiling, while suppliers showed low willingness to sell. Market activity gradually cooled as the holiday approached. In the short term, the market is expected to remain quiet during the holiday with little improvement in trading, and Pr-Nd scrap prices are likely to maintain a stable pattern.

[SMM Rare Earth Weekly Review: Pr-Nd Prices Hold Firm with Slight Gains; Trading Activity Slows Ahead of Holiday] Terbium oxide was at 6.52-6.55 million yuan/mt, with downstream acceptance of high prices remaining weak, negotiation centers edging down, and overall market offer activity mediocre with thin trading. Gadolinium oxide was at 190,000-192,000 yuan/mt, with downstream inquiries persistently weak, and suppliers showing little willingness to adjust prices, mostly holding prices steady and waiting. Holmium oxide was at 635,000-637,500 yuan/mt, consolidating, with limited changes in supply-demand fundamentals. Erbium oxide was at 670,000-675,000 yuan/mt, with downstream inquiries weak and trading follow-through insufficient. Yttrium oxide (5N) was at 58,000-60,000 yuan/mt, and yttrium oxide (3N) at 28,000-30,000 yuan/mt, with demand mediocre, downstream follow-through insufficient, and prices lacking upward momentum.