SMM, December 29: This week, medium-heavy rare earth prices began to recover. As of Friday, dysprosium oxide prices increased by 1.6% compared to Monday, while terbium oxide prices rose by nearly 1%.
According to November import and export data released by the General Administration of Customs, imports of unlisted rare earth oxides in November dropped significantly. Affected by geopolitical factors, the share of unlisted rare earth oxide shipments from Myanmar in China's total imports decreased to 37%. According to miners, the timeline for the resumption of Myanmar ore imports remains uncertain. Most industry participants believe that it will be difficult for Myanmar ore imports to return to normal before the Chinese New Year. This has led upstream suppliers to raise their quotations for medium-heavy rare earth oxides, while miners' willingness to sell has significantly declined.
SMM believes that although shipments of ion-adsorption ore have decreased, dysprosium and terbium prices are unlikely to sustain a rapid upward trend given the low downstream demand. Medium-heavy rare earth prices may gradually stabilize in the future.
》Apply for a Free Trial of the SMM Metal Industry Chain Database
![[SMM Resumo da Reunião Matinal de Terras Raras] Pr-Nd e Dy-Tb caíram em todos os setores, os metais acompanharam a queda com transações estagnadas, e os contratos de longo prazo para materiais magnéticos reduziram a demanda por pedidos à vista.](https://imgqn.smm.cn/usercenter/UoswK20251217171743.jpeg)
