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SMM, January 7: Today, rare earth market prices remained generally stable. According to SMM data, Pr-Nd oxide was quoted at 399,000-401,000 yuan/mt, dysprosium oxide remained at 1.63-1.64 million yuan/mt, while terbium oxide stabilized at 5.8-5.85 million yuan/mt. Gadolinium oxide prices were steady at 150,000-153,000 yuan/mt, and holmium oxide stayed at 410,000-415,000 yuan/mt.
In the metal market, Pr-Nd alloy prices remained at 491,000-495,000 yuan/mt, dysprosium-iron alloy at 1.58-1.6 million yuan/mt, and terbium metal rose to 7.2-7.25 million yuan/mt. Gadolinium-iron prices also stabilized at 148,000-150,000 yuan/mt, while lanthanum-cerium metal was at 17,000-19,000 yuan/mt. Recently, rare earth oxide prices have been on the rise, with upstream suppliers standing firm on quotes and reluctant to sell. However, downstream metal plants, facing losses, showed low acceptance of high-priced raw materials, resulting in limited market transactions. Downstream magnet manufacturers continued to adopt a purchasing-as-needed strategy, leading to a subdued trading atmosphere. Amid this market standoff between upstream and downstream players, rare earth prices are expected to remain stable in the short term.
