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SMM China Rare Earth Market Daily on March 3
Mar 3, 2025 18:27Source:SMM
[March 3rd SMM China Rare Earth Market Daily] Today, the rare earth market saw low activity in both offers and inquiries. The demand for Pr-Nd products was weak, with prices slightly declining after midday; terbium oxide prices showed chaotic quotations today, with some suppliers tentatively quoting higher prices, but the increase in inquiry prices from buyers was slow. On the metals side, most companies exhibited strong sentiment of caution, and the market trading atmosphere was subdued.
SMM March 3 News: Today, the rare earth market saw low activity in both quotations and inquiries. Pr-Nd products experienced weak market demand, with prices slightly declining after midday; terbium oxide prices showed chaotic quotations today, as some suppliers tentatively offered higher prices, but buyers' inquiry prices rose at a slower pace. On the metals side, most companies exhibited a strong wait-and-see sentiment, and the market trading atmosphere remained subdued.
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