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SMM, March 6: Today, rare earth market prices showed slight weakness. Specifically, the price of Pr-Nd oxide was adjusted to 439,000-442,000 yuan/mt, dysprosium oxide remained relatively stable at 1.69-1.71 million yuan/mt, while terbium oxide continued to pull back to 6.46-6.54 million yuan/mt. Gadolinium oxide prices remained stable at 163,000-165,000 yuan/mt, holmium oxide at 464,000-470,000 yuan/mt, and erbium oxide at 295,000-299,000 yuan/mt.
In terms of metals, Pr-Nd alloy was adjusted to 538,000-542,000 yuan/mt, and dysprosium-iron alloy was lowered to 1.64-1.66 million yuan/mt. Meanwhile, terbium metal continued to drop back slightly to 8.09-8.15 million yuan/mt. Gadolinium-iron prices remained stable at 159,000-160,000 yuan/mt, while lanthanum-cerium metal held steady at 16,500-18,500 yuan/mt. Mainstream quotations for rare earth oxides were relatively stable, with most factories unwilling to sell at low prices, keeping quotations firm. The overall market trend was steady, but actual trading sentiment was subdued. Metal producers showed low enthusiasm for offering prices today, while downstream buyers mainly sought lower prices. Back-and-forth negotiations between upstream and downstream were intense, and rare earth prices are not expected to experience significant volatility in the short term.
