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SMM, February 10: Rare earth prices continued to rise today. Specifically, Pr-Nd oxide increased to 437,000-440,000 yuan/mt, dysprosium oxide rose to 1.73-1.74 million yuan/mt, and terbium oxide climbed to 6.1-6.14 million yuan/mt. Gadolinium oxide prices rose to 165,000-167,000 yuan/mt, holmium oxide increased to 470,000-480,000 yuan/mt, while erbium oxide was adjusted to 293,000-297,000 yuan/mt.
In terms of metals, Pr-Nd alloy prices were adjusted to 538,000-542,000 yuan/mt, dysprosium-iron alloy rose to 1.68-1.7 million yuan/mt, and terbium metal increased to 7.55-7.58 million yuan/mt. Gadolinium-iron alloy prices rose to 164,000-166,000 yuan/mt, while lanthanum-cerium metal remained at 17,000-19,000 yuan/mt. Currently, rare earth prices are experiencing a sustained and rapid increase, with the market operating at a high level. This trend has triggered certain market concerns, with many participants expressing fear over high prices. In the future, some suppliers may sell products at lower prices to mitigate risks, which could exert downward pressure on prices in the short term. However, it is worth noting that the issue of tight raw material supply has not been effectively resolved, which may limit the extent of price corrections.
