SMM China Rare Earth Market Daily on February 7

[February 7th SMM China Rare Earth Market Daily] Today, the prices of mainstream rare earth products continued to rise rapidly. Most industry participants maintained strong bullish sentiment for the market outlook, and downstream inquiry activity showed a significant increase. Suppliers also took this opportunity to raise their offers, making low-priced goods hard to find in the market. However, at the same time, metal enterprises indicated that downstream magnetic material enterprises did not show high purchasing enthusiasm. Metal prices have risen significantly along with oxide prices, but actual transaction performance fell short of expectations.