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SMM, February 19: Today, the rare earth market remained generally stable. Specifically, the price of Pr-Nd oxide stabilized at 433,000-435,000 yuan/mt, dysprosium oxide at 1.71-1.72 million yuan/mt, and terbium oxide at 6.08-6.1 million yuan/mt. The price of gadolinium oxide remained at 160,000-164,000 yuan/mt, holmium oxide at 460,000-464,000 yuan/mt, and erbium oxide at 293,000-297,000 yuan/mt.
In the metal market, the price of Pr-Nd alloy stabilized at 530,000-535,000 yuan/mt, dysprosium-iron alloy at 1.67-1.68 million yuan/mt, and terbium metal at 7.5-7.56 million yuan/mt. The price of gadolinium-iron was at 158,000-160,000 yuan/mt, while lanthanum-cerium metal remained at 17,000-19,000 yuan/mt. Currently, the rare earth market appears relatively sluggish, with upstream suppliers maintaining firm offers, but downstream inquiries showing low enthusiasm and weak purchasing demand. Magnetic material enterprises continue to focus on purchasing as needed, leading to a strong market sentiment of wait-and-see, with intense bargaining between upstream and downstream players. In the short term, rare earth prices are expected to remain stable.
