【SMM Rare Earth Morning Meeting Summary】Suppliers Sold at Low Prices, Downstream Purchasing Remained Cautious and Watchful

Published: Mar 27, 2025 09:19

Save

SMM Rare Earth Morning Meeting Summary: Suppliers Dump Goods at Low Prices, Downstream Buyers Remain Cautious and Watchful. Yesterday, the rare earth market prices continued to decline. As the news of the resumption of Myanmar ore imports has been officially confirmed, some suppliers have become more active in dumping goods at low prices, while downstream buyers remain cautious and watchful. The actual transaction prices of rare earth oxides have significantly decreased.

》View SMM Rare Earth Quotations, Data, and Market Analysis

》Order and View SMM Metal Spot Historical Price Trends

SMM March 27 News:

Rare Earth Ore

Prices: The price of rare earth carbonate is around 35,600 yuan/mt, monazite is about 42,200 yuan/mt, and medium-yttrium, europium-rich ore is approximately 186,000 yuan/mt.

Supply and Demand: Currently, influenced by news factors, rare earth ore prices are generally weak, and separation plants have further increased the deduction of TC for ion-adsorption ore.

Rare Earth Oxides

Prices: The quotation range for Pr-Nd oxide is about 437,000-439,000 yuan/mt, the mainstream quotation range for dysprosium oxide is 1.62-1.64 million yuan/mt, and the quotation for terbium oxide has been adjusted to around 6.38-6.43 million yuan/mt.

Supply and Demand: Yesterday, the rare earth market prices continued to decline. As the news of the resumption of Myanmar ore imports has been officially confirmed, some suppliers have become more active in selling at low prices, while downstream buyers remain cautious and watchful, leading to a significant decrease in the actual transaction prices of rare earth oxides.

Rare Earth Metals

Prices: The mainstream quotation range for Pr-Nd alloy is 538,000-542,000 yuan/mt, the quotation for dysprosium-iron alloy is about 1.6-1.61 million yuan/mt, and the quotation for terbium metal is approximately 8.03-8.07 million yuan/mt.

Supply and Demand: As raw material prices continue to decline, the purchasing atmosphere has become more subdued due to the sentiment of rushing to buy amid continuous price rise and holding back amid price downturn. Metal plant quotations have also decreased following the drop in oxide prices, and actual transaction conditions remain poor.

NdFeB Blank

Prices: NdFeB blank N38 (Ce) was quoted at 145-155 yuan/kg; NdFeB blank 40M was quoted at 191-201 yuan/kg; NdFeB blank 40H was quoted at 195-205 yuan/kg; NdFeB blank 45SH (ce) was quoted at 245-265 yuan/kg.

Supply and Demand: Yesterday, rare earth prices continued to fall. Due to the volatile market conditions, the magnetic materials market has become more cautious in purchasing, and the sentiment of watchfulness has intensified.

NdFeB Scrap

Prices: Pr-Nd recycled from NdFeB scrap was quoted at 469-474 yuan/kg; dysprosium recycled from NdFeB scrap was quoted at 1,613-1,635 yuan/kg; terbium recycled from NdFeB scrap was quoted at 5,232-5,341 yuan/kg.

Supply and Demand: Yesterday, scrap market prices declined. Separation companies generally slowed down their purchasing pace, mainly buying at lower prices and negotiating based on specific ratios.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

3 hours ago

Terrafame Explores Scandium Recovery in Finland, Aiming for 2029 Production

Finnish metals producer Terrafame launched a pre-feasibility study to evaluate scandium recovery from its nickel and zinc production process at Sotkamo in eastern Finland. The company already produces battery-grade nickel, cobalt, and copper, and recovers uranium as a by-product from the same polymetallic ore. Scandium production would also be extracted from these existing hydrometallurgy circuits. The study is expected to be completed by the end of 2026, with a potential production target of 2029. If successfully developed, the project would make Terrafame the only scandium producer in Europe.

3 hours ago

19 hours ago

Arafura Commits to Nolan Rare Earth Project, Aiming for 4,440 mt Annual Pr-Nd Oxide Production

[SMM Rare Earth News Flash] Australia's Arafura announced a final investment decision on the Nolan rare earth project, which has an annual output of 4,440 mt of Pr-Nd oxide. Construction, spanning 30 months, will commence in September, with commissioning expected in early to mid-2029. The project will also produce 470 mt per year of mixed medium-heavy rare earth oxides. Following Australian export finance support for 500 mt/year of Pr-Nd oxide, offtake agreements covered over 80% of capacity. The project has a mine life of 38 years and can meet 4% of global Pr-Nd demand.

19 hours ago

AML Wins $2M DLA Contract for High-Grade NdFeB Magnets, Boosting US Defense Supply Chain

[SMM Rare Earth News Flash] Advanced Magnet Lab (AML) announced it was awarded a $2 million contract by the US Defense Logistics Agency (DLA) to qualify high-grade sintered NdFeB permanent magnets for national defense. The two-year contract covers supply chain management, alloy manufacturing, and permanent magnet production, aiming to strengthen domestic critical material supply capability. AML will collaborate with US rare earth metal supplier Phoenix Tailings (supplying Pr-Nd alloy and metallic dysprosium), Australia's Ionic Rare Earths (supplying Pr-Nd oxide and dysprosium oxide), and Texas-based Momentum (a potential Pr-Nd oxide supplier) to build raw material sources.

19 hours ago