》View SMM Rare Earth Quotes, Data, and Market Analysis
》Subscribe to View Historical Price Trends of SMM Metal Spot
SMM, January 13: Today, rare earth market prices rose significantly. According to SMM data, the price of Pr-Nd oxide increased to 403,000-405,000 yuan/mt, dysprosium oxide rose to 1.63-1.65 million yuan/mt, terbium oxide climbed to 5.8-5.85 million yuan/mt, gadolinium oxide increased to 151,000-155,000 yuan/mt, and holmium oxide was adjusted to 418,000-424,000 yuan/mt.
In the metal market, the price of Pr-Nd alloy rose to 495,000-499,000 yuan/mt, dysprosium-iron alloy increased to 1.59-1.6 million yuan/mt, terbium metal adjusted to 7.25-7.28 million yuan/mt, gadolinium-iron rose to 150,000-152,000 yuan/mt, while lanthanum-cerium metal was priced at 17,000-19,000 yuan/mt. Today, tight upstream supply combined with market speculation drove the sharp rise in rare earth prices. Although market inquiries were active, actual transactions were not ideal, with most being exploratory inquiries. Additionally, some downstream magnetic material manufacturers stopped accepting new orders before the Chinese New Year, leading to insufficient downstream stockpiling demand. Therefore, it is expected that the likelihood of another price increase for rare earths before the Chinese New Year is relatively small, and the overall trend may stabilize.
