SMM reported on April 22: Today, the rare earth market continued to be in the doldrums, with the price of terbium products falling rapidly, which dampened market confidence. Some suppliers continued to sell at low prices, leading to a continuous decline in the transaction price of the rare earth market. Given the current weak downstream demand and the high enthusiasm of upstream suppliers to sell, it is expected that there is still some downside room for rare earth prices in the short term.

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