In March 2024, domestic production of Pr-Nd alloy was 5,744 mt, up 12% MoM.
The operating rate of Pr-Nd alloy market picked up after CNY holidays, and the monthly output increased by 12% MoM. Downstream magnetic material companies had severe backlog of orders after CNY, boosting the operating rate of magnetic materials companies in March. In addition, the spot circulation in the market tightened due to purchases by a large company. Owing to the depletion of orders during CNY, Pr-Nd alloy demand is expected to slow down, dragging down production in April. SMM will continue to pay attention to spot market transactions.
![[광석 측 가격 소폭 상승, 프라세오디뮴-네오디뮴 보합 속 교착, 스크랩 선상승 후 안정 [SMM 재생 희토류 주간 리뷰]]](https://imgqn.smm.cn/usercenter/tXtym20251217171745.jpeg)
![광석 측 가격은 소폭 상승했고, Pr-Nd는 보합세를 보였으며, 중희토류는 엇갈린 흐름을 나타냈다 [SMM 희토류 주간 리뷰]](https://imgqn.smm.cn/usercenter/fpsaU20251217171745.jpeg)
