[smm rare earth weekly review: rare earth prices fluctuate downward market transactions stall] this week, pr-nd oxide prices pulled back. on one hand, as pr-nd oxide prices rose rapidly, downstream purchase willingness gradually decreased. on the other hand, influenced by news factors, traders' confidence in the future weakened, and they began to dump goods at lower prices. during the week, pr-nd oxide prices pulled back to 600,000-608,000 yuan/mt.

[Analysis by SMM: SMM Pr-Nd Alloy Transaction Sentiment Factor Launched to Capture Changes in the Rare Earth Market Trends] Against the backdrop of sharp fluctuations in Pr-Nd alloy prices and intensifying back-and-forth negotiations between upstream and downstream, the industry urgently needs a barometer that can accurately capture real-time transaction dynamics. After a period of accumulation by the SMM rare earth team, the SMM rare earth database is set to launch the Pr-Nd alloy transaction sentiment factor on September 1, 2025, providing enterprises along the industry chain with a quantifiable, traceable, and early-warning reference for sentiment.

[SMM Analysis: SMM Pr-Nd Oxide Transaction Sentiment Factor Launched to Capture Changes in Rare Earth Market Trends] The Pr-Nd oxide market has experienced significant fluctuations, and it is challenging to capture the factors influencing prices during transactions between buyers and sellers. To better serve the spot Pr-Nd oxide market, the SMM rare earth research team, after a period of data accumulation and internal model calculations, has developed the Pr-Nd oxide transaction sentiment factor. Starting from September 1, 2025, this factor will be updated at 12:00 PM every working day, providing the industry chain with a quantifiable, traceable, and early-warning reference for sentiment.

[smm rare earth weekly review: rare earth prices fluctuate upward market transactions recover] this week, pr-nd oxide prices saw a significant increase. under the combined influence of continuously tight upstream supply, a noticeable rise in downstream export orders, and speculative capital inflows into the futures market betting on price increases, pr-nd oxide prices quickly rose to 630,000-634,000 yuan/mt within the week, with a weekly gain of 13.4%.

[SMM Rare Earth Weekly Review: Rare Earth Market Shows Differentiation, with Pr-Nd Oxide Prices Rising Significantly] This week, the overall price of Pr-Nd oxide saw a relatively significant increase. From the market sentiment perspective, upstream suppliers remained highly confident in the future prospects of Pr-Nd, with a weak willingness to sell at low prices. Meanwhile, the tight supply situation of Pr-Nd products persisted. Downstream buyers' purchase willingness improved, and the price of Pr-Nd oxide rose to 537,000-540,000 yuan/mt during the week.

[SMM Rare Earth Weekly Review: Rare Earth Prices Pull Back Significantly, Actual Market Transactions Sluggish] This week, the price of Pr-Nd oxide began to show a downward trend. It is understood that due to factors in the news, the bullish sentiment of some traders in the future market was dampened. In recent days, the volume of Pr-Nd oxide actively offered in the market has increased significantly. Guided by the sentiment of "rush to buy amid continuous price rise and hold back amid price downturn", downstream buyers have been more cautious in inquiring about goods, leading to a decrease in market transaction activity. The price of Pr-Nd oxide fell to 522,000-525,000 yuan/mt.

[SMM Rare Earth Weekly Review: Market Bullish Expectations Persist, Rare Earth Prices Fluctuate Upward] This week, the price of Pr-Nd oxide continued to rise rapidly. According to market feedback, the current supply of Pr-Nd oxide is tightening, and market bullish sentiment is high. With suppliers offering firm quotes, it is difficult to find low-priced goods in the market. Meanwhile, downstream orders have also increased, and the demand for rare earths has grown to a certain extent compared to before. With the aggravation of the supply-demand mismatch, the price of Pr-Nd also continued to hold up well.