[selected SMM Weekly report] some of the heavy rare earths under the stability of praseodymium and neodymium are still active.

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SMM11 March 14 News: the domestic rare earth market continues to rise this week, but the rising products are rotated more than before. During the week, the market for praseodymium and neodymium oxide was basically stable, and prices were consolidated at high levels; heavy rare earths such as terbium oxide continued to make efforts and rose firmly.

In terms of light rare earths, praseodymium-neodymium oxide and praseodymium-neodymium metal prices rose only slightly this week compared with last week, with a marked decline in growth and growth. The market needs to accumulate energy at this price point to consolidate orders and transactions for downstream products. Neodymium oxide prices rise suddenly, continue to rise, downstream production enterprises actively inquire but purchase difficulties, the tight spot supply of neodymium oxide makes this week's transaction prices continue to follow up. As of Friday, the price of praseodymium-neodymium oxide was 34.3-347000 yuan / ton, up 1000 yuan / ton from last Friday; the price of praseodymium-neodymium metal was 43.3-437000 yuan / ton, up 3000 yuan / ton from last Friday.

In terms of medium and heavy rare earths, most varieties remained stable this week, with prices of terbium, holmium and other products rising. At present, the overall inquiry and activity of the downstream consumer market is in general, buying an appropriate amount of bargain, while maintaining a wait-and-see attitude to the market and prices. At present, the holders are also showing a cautious approach, with overall strong quotations; enquiries for terbium oxide have increased during the week, and prices have risen. As of Friday, the price of terbium oxide was 5200-5250 yuan / kg, up 170 yuan / kg from last Friday, while the price of holmium oxide was 43.4-438000 yuan / ton, up 4000 yuan / ton from last Friday.

SMM believes that the current price of praseodymium and neodymium oxide is more critical, and whether the price can be stable at the end of the year is very critical. Medium and heavy rare earths are affected by supply contraction, and short-term prices will remain strong.

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Prices of major rare earths in China

Market Review and Forecast: rare Earth prices this week (11.9-11.13) and next week

Hot spots in rare Earth Industry

Political policy

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