SMM, Oct 12: After the National Day holiday, China Northern Rare Earth raised Pr-Nd prices across the board, keeping rare earth material prices firm and the upstream market active. However, the downstream magnetic material market did not see a significant increase in orders, with end-use demand remaining weak, leading to low sentiment among downstream magnetic material companies and a strong wait-and-see atmosphere. The tug-of-war between upstream and downstream remains intense.
Under these circumstances, SMM forecasts that in the short term, rare earth prices will fluctuate rangebound.
![[SMM 희토류 조간 회의 요약] 프라세오디뮴-네오디뮴 및 디스프로슘-터븀 가격이 전반적으로 하락했고, 금속 가격도 동반 하락하며 거래가 부진했다. 자성 재료 장기 계약이 현물 주문 수요를 압박했다.](https://imgqn.smm.cn/usercenter/UoswK20251217171743.jpeg)
