The content below was translated by Tencent automatically for reference.
SMM4, 12 June: this week, the rare earth market continued the trend of praseodymium and neodymium falling and dysprosium terbium rising. The listing price of rare earths in the north was announced on Thursday, showing a large downward adjustment compared with March. Although the market price is still slightly stronger than the market price, it still suppresses the market sentiment. Prices of praseodymium and neodymium related products continue to fall on the market. Dysprosium, terbium, gadolinium and other medium and heavy rare earth prices remain strong, slightly higher than last week, holders are in no hurry to ship due to bullish future markets, downstream and trade inquiry orders are more active, market trading is OK, short-term is expected to maintain a steady upward trend.
[SMM Analysis] the price of praseodymium and neodymium products fell back when the price of rare earths in northern China was announced in April.
