Rare Earth Market Sluggish with Strong Sentiment of Wait-and-See [SMM Daily Review]

Published: Feb 18, 2025 13:38

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[SMM Daily Review: Rare Earth Market Sluggish with Strong Wait-and-See Sentiment] Today, the rare earth market showed overall fluctuations. Specifically, Pr-Nd oxide prices rose to 433,000-435,000 yuan/mt, dysprosium oxide remained at 1.71-1.72 million yuan/mt, while terbium oxide fell to 6.08-6.1 million yuan/mt.

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SMM, February 18: Today, the rare earth market showed overall volatility. Specifically, Pr-Nd oxide prices rose to 433,000-435,000 yuan/mt, dysprosium oxide remained at 1.71-1.72 million yuan/mt, while terbium oxide fell to 6.08-6.1 million yuan/mt. Meanwhile, gadolinium oxide prices dropped to 160,000-164,000 yuan/mt, holmium oxide declined to 460,000-464,000 yuan/mt, and erbium oxide remained stable at 293,000-297,000 yuan/mt.

In the metal market, Pr-Nd alloy prices decreased to 530,000-535,000 yuan/mt, dysprosium-iron alloy fell to 1.67-1.68 million yuan/mt, and terbium metal dropped to 7.5-7.56 million yuan/mt. Gadolinium-iron prices declined to 158,000-160,000 yuan/mt, while lanthanum-cerium metal remained stable at 17,000-19,000 yuan/mt. Currently, the overall sentiment in the rare earth market remains subdued, with low activity in inquiries and quotations, limited transactions, and a strong wait-and-see attitude among market participants. The market is expected to see further release of downstream demand.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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