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Home / Metal News / Rare Earth Prices Remain Stable, Market Transactions Are Sluggish [SMM Daily Review]

Rare Earth Prices Remain Stable, Market Transactions Are Sluggish [SMM Daily Review]

iconJan 3, 2025 03:37
Source:SMM
[SMM Daily Review: Rare Earth Prices Remain Stable, Market Transactions Sluggish] Today, rare earth market prices remained stable overall. According to SMM data, Pr-Nd oxide was still quoted at 396,000 to 400,000 yuan/mt, while dysprosium oxide prices rose to 1.61 million to 1.62 million yuan/mt.

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SMM January 3 News: Today, rare earth market prices remained generally stable. According to SMM data, Pr-Nd oxide prices stayed between 396,000 and 400,000 yuan/mt, dysprosium oxide prices rose to 1.61 million to 1.62 million yuan/mt, and terbium oxide increased to 5.6 million to 5.65 million yuan/mt. Meanwhile, gadolinium oxide and holmium oxide prices remained stable at 148,000 to 150,000 yuan/mt and 400,000 to 404,000 yuan/mt, respectively.

In the metal market, Pr-Nd alloy prices remained at 487,000 to 491,000 yuan/mt, dysprosium-iron alloy stabilized at 1.56 million to 1.57 million yuan/mt, and terbium metal hovered between 6.95 million and 7 million yuan/mt. Gadolinium-iron prices continued at 146,000 to 149,000 yuan/mt, while lanthanum-cerium metal remained stable at 17,000 to 19,000 yuan/mt. Currently, the rare earth market atmosphere remains relatively quiet. Medium-heavy rare earth prices have stayed firm due to news factors, while Pr-Nd product prices showed a relatively stable with weak trend due to weak downstream demand. As the Chinese New Year holiday approaches, metal plants have started stockpiling in advance. However, high-price transactions are difficult to achieve, and low-price supplies are also scarce, resulting in less-than-ideal trading volume. Given these circumstances, SMM expects rare earth prices to remain stable.

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