Rare earth product prices were relatively stable

Last week, rare earth product prices were relatively stable. Before the Labour Day holiday, rare earth prices remained strong due to positive expectations for the listing price of China Northern Rare Earth and favourable news such as production suspension at separation plants in Longnan. After the holiday, Pr-Nd price hikes slowed down, although bullish sentiments continued.

SMM predicts that rare earth prices will continue to fluctuate sideways.