SMM China Rare Earth Market Daily on December 23

Published: Dec 23, 2024 17:30

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[December 23 SMM China Rare Earth Market Daily] Today, driven by procurement from leading manufacturers, Pr-Nd prices continued to recover, but prices of heavy rare earth products such as dysprosium and terbium continued to fluctuate downward. According to some miners, Myanmar ore imports are expected to return to normal soon, and heavy rare earth prices are expected to weaken further.

SMM reported on December 23: Today, driven by procurement from leading manufacturers, Pr-Nd prices continued to recover, but prices of heavy rare earth products such as dysprosium and terbium remained fluctuating downward. According to some miners, Myanmar ore is expected to resume normal imports soon, and heavy rare earth prices are expected to weaken further.

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