Upstream and downstream game sentiment is obvious, rare earth prices fluctuate less during the week

Published: Apr 21, 2024 17:40 (GMT+8)

Source: SMM

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Upstream and downstream game sentiment is obvious, rare earth prices fluctuate less during the week [SMM comment: upstream and downstream game sentiment is obvious, rare earth prices fluctuate less during the week] According to SMM, the price of upstream mine holders is firm, and low-cost raw materials are difficult to inquire, although the fear of heights in the market still exists, and the price of oxides has been high and difficult to ......

SMM, April 12: This week, the price trend of rare earth products is mainly in a narrow range, with praseodymium neodymium oxide fluctuating in the range of 38.3-395,000 yuan/ton during the week, and dysprosium oxide also fluctuating in the range of 200-2.04 million yuan/ton. According to SMM, the quotation of upstream mine holders is firm, and it is difficult to inquire about low-priced raw materials, although the fear of heights in the market still exists, and the price of oxides has been high. At present, the inversion of the cost of metal raw materials still exists, most of the metal factories are based on sales, and the spot supply of metals is not very abundant, but the downstream procurement is also more cautious, the upstream and downstream game sentiment is stronger, and the actual transaction price fluctuation range of rare earth is relatively small.

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