[SMM Rare Earth Morning Meeting Summary: Market Heat Declines, Rare Earth Prices Continue to Pull Back] Yesterday afternoon, the prices of rare earth oxides continued to drop back slightly, with suppliers showing notably higher activity in offering prices. However, the enthusiasm of downstream inquiries decreased compared to previous days, and market trading was extremely sluggish.

[SMM China Rare Earth Market Daily Report on May 14] Today, rare earth oxide prices pulled back slightly. With export controls on rare earths not being eased, the market's bullish sentiment was somewhat suppressed. The purchasing atmosphere in the downstream market was sluggish today, with suppliers' offers loosening and declining, and the availability of low-priced goods increasing. However, from the raw material side, ore suppliers' reluctance to sell remains, and raw material procurement in the scrap market is also relatively difficult. Some industry participants believe that the pace of this price pullback will not be rapid.

[SMM Rare Earth Daily Review: End-use Demand Shows No Signs of Improvement, Rare Earth Prices Jump Initially and Then Pull Back] Currently, rare earth market prices have dropped back slightly. Influenced by the significant price increase of rare earths yesterday, this upward trend has spread from the oxide market to the downstream magnetic material sector. However, due to the lack of significant improvement in end-use demand, magnetic material enterprises have low acceptance of high-priced metals. The market trading atmosphere is relatively cold, with most enterprises opting for low-price inquiries and a purchasing as needed strategy.

[SMM Rare Earth Morning Meeting Summary: Downstream Procurement Falls Short of Expectations, Rare Earth Prices Drop Back Slightly] Yesterday afternoon, rare earth oxide prices showed a trend of pulling back slightly. Suppliers significantly raised their quotes, triggering fear of high prices in the market. With downstream procurement enthusiasm falling short of expectations, there was insufficient support for rare earth prices to rise.

[SMM Rare Earth Daily Review: Market Sentiment for Price Increase Soars, Rare Earth Prices Rise Significantly] Currently, rare earth market prices have seen a significant increase. In recent days, influenced by macro front policy news, market confidence has been boosted. Additionally, as the rare earth market has not shown improvement for a long time, the market sentiment for price increase has soared, further driving up rare earth market prices. However, due to the impact of export controls and the traditional off-season for magnetic material enterprises, end-use demand has not improved. Magnetic material enterprises find it difficult to accept high-priced Pr-Nd alloy. Whether the subsequent market prices can maintain their high levels remains to be seen based on changes in end-use demand.

[SMM Rare Earth Morning Meeting Summary: Macro News Influences Market, Bullish Sentiment Resurfaces] Quotations in the metal market have further increased due to market activity. Some industry participants have raised their expectations for the future prices of rare earths, and the activity of market inquiries has also increased accordingly. Trading volume of metal products has also seen an uptick.

[SMM Rare Earth Daily Review: Market Sentiment of Wait-and-See Dominates Amid Tariff Concerns] Currently, the overall price of the rare earth market is stabilizing. Despite the price boost from tariff-related news, demand remains sluggish. Affected by export controls and the off-season in the industry, downstream magnetic material enterprises continue to face unfavorable order-taking situations. They have low acceptance of high-priced metals and generally adopt strategies of depleting inventory and purchasing as needed. The actual transaction situation in the market is sluggish.