SMM February 7 News: Today, the prices of mainstream rare earth products continued to rise rapidly. Most industry participants remained optimistic about future market sentiment, with a noticeable increase in downstream inquiry activity. Suppliers also took this opportunity to raise their quotations, making low-priced goods hard to find in the market. However, at the same time, metal enterprises reported that downstream magnetic material enterprises showed limited purchasing enthusiasm. Although metal prices have risen significantly along with oxide prices, actual transaction volumes fell short of expectations.
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