SMM Rare Earth Weekly Review: Stable Prices Amid Limited Low-Cost Supplies

SMM Rare Earth Weekly Review: Limited Low-Priced Supplies, Minor Fluctuations in Rare Earth Prices

Currently, lanthanum oxide prices held steady at 4,200-4,600 yuan/mt, while cerium oxide prices continued to rise this week to 12,500-13,500 yuan/mt. Throughout the week, rare earth oxide prices generally remained stable. With no new mining quotas issued, downstream buyers adopted a wait-and-see approach. However, suppliers were also reluctant to lower prices, leading to limited low-priced supplies. The price fluctuations of mainstream rare earth products were relatively small, although some rare earth oxides saw a slight pullback. Yttrium oxide prices pulled back to 53,000-55,000 yuan/mt this week.