SMM Rare Earth Afternoon Trading Comment on November 5

Published: Nov 05, 2026 17:04 (GMT+8)

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[SMM Rare Earth Afternoon Transaction Comment] In the afternoon, Pr-Nd oxide prices pulled back slightly from the morning. Downstream buyers were reluctant to rush to buy amid continuous price rise. High-level offers that had been raised in the morning retreated somewhat, with few inquiries. Gadolinium oxide prices in the afternoon remained flat compared with the morning. Sellers' offers were unchanged throughout the day. Buyers entered the market cautiously, and shipments were mediocre. Pr-Nd alloy offers held steady after being raised sharply in the morning, with no further changes. On the raw material side, Pr-Nd oxide edged lower in the afternoon. Metal enterprises' offers were relatively firm, but downstream players mostly stayed on the sidelines due to increased price fluctuations, with few inquiries and limited actual deals. Gadolinium iron held steady in the afternoon, with few market inquiries and sluggish transactions.

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