Market Trading Slows Down, Rare Earth Prices Remain Stable [SMM Daily Review]

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SMM, January 20: The rare earth market remained generally stable today. According to SMM data, the price of Pr-Nd oxide decreased to 408,000-410,000 yuan/mt, while dysprosium oxide dropped to 1.66-1.67 million yuan/mt. Terbium oxide remained at 5.92-5.96 million yuan/mt, gadolinium oxide stayed at 155,000-160,000 yuan/mt, and holmium oxide declined to 440,000-445,000 yuan/mt. The price of erbium oxide remained stable at 285,000-295,000 yuan/mt.

In the metal market, the price of Pr-Nd alloy was adjusted to 504,000-508,000 yuan/mt; dysprosium-iron alloy remained at 1.62-1.64 million yuan/mt, and terbium metal stabilized within the range of 7.37-7.45 million yuan/mt. Gadolinium-iron prices remained unchanged at 154,000-157,000 yuan/mt, while lanthanum-cerium metal was priced at 17,000-19,000 yuan/mt. As the Chinese New Year holiday approaches, most rare earth enterprises are nearing shutdowns and holiday breaks, leading to fewer market quotations and lower trading activity. This situation is expected to persist until the end of the Chinese New Year holiday, during which rare earth prices are likely to remain stable.