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SMM, February 12: Today, rare earth market prices showed slight fluctuations. Specifically, Pr-Nd oxide prices rose to 435,000-436,000 yuan/mt, while dysprosium oxide and terbium oxide prices decreased to 1.71-1.73 million yuan/mt and 6.1-6.14 million yuan/mt, respectively. Meanwhile, gadolinium oxide prices remained at 165,000-167,000 yuan/mt, and holmium oxide and erbium oxide prices stabilized at 470,000-480,000 yuan/mt and 293,000-297,000 yuan/mt, respectively.
In the metal market, Pr-Nd alloy prices remained at 536,000-540,000 yuan/mt, dysprosium-iron alloy prices stayed at 1.68-1.7 million yuan/mt, and terbium metal prices dropped to 7.55-7.6 million yuan/mt. Gadolinium-iron alloy prices were relatively stable at 163,000-165,000 yuan/mt, while lanthanum-cerium metal prices stabilized at 17,000-19,000 yuan/mt. The rare earth market experienced slight fluctuations today, with an increase in inquiries driven by procurement activities from major enterprises. However, due to downstream companies' low acceptance of high-priced raw materials, actual trading volume did not significantly increase, resulting in overall stable rare earth prices. In the short term, rare earth prices are expected to remain stable due to the intense bargaining between upstream and downstream players.
