Stalemate in Back-and-Forth Negotiations Between Upstream and Downstream; Rare Earth Prices Remain Stable [SMM Rare Earth Daily Review]

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SMM March 17 News: Today, rare earth market prices overall remained stable. Pr-Nd oxide prices rose to 445,000-446,000 yuan/mt, dysprosium oxide prices stayed at 1.7-1.71 million yuan/mt. Terbium oxide remained steady at 6.6-6.65 million yuan/mt, gadolinium oxide prices were 170,000-172,000 yuan/mt, while holmium oxide prices hovered at 466,000-470,000 yuan/mt. Erbium oxide prices stabilized at 295,000-299,000 yuan/mt.

In the metal market, Pr-Nd alloy prices remained in the range of 543,000-547,000 yuan/mt, dysprosium-iron alloy prices stayed at 1.64-1.66 million yuan/mt. Terbium metal prices held steady at 8.13-8.17 million yuan/mt, while gadolinium-iron prices rose to 165,000-168,000 yuan/mt. Lanthanum-cerium metal prices increased to 16,500-19,000 yuan/mt. Early this week, the overall trading activity in the rare earth market was not high, appearing relatively calm. Upstream suppliers maintained firm offers, while downstream inquiry activity was low, with a stalemate persisting between upstream and downstream players. Rare earth prices are expected to maintain a fluctuating trend.