SMM China Rare Earth Market Daily, March 10

Published: Mar 11, 2025 13:22

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[March 10 SMM China Rare Earth Market Daily] Today, driven by positive news from downstream demand, suppliers raised their quotations, and low-priced supplies in the market tightened. Pr-Nd product prices overall fluctuated upward. For medium-heavy rare earth, there are market rumors that Myanmar ore is expected to resume imports. However, according to SMM's survey of miners, there is unlikely to be a significant improvement in ion-adsorption ore imports in the short term, and the tight supply of ion-adsorption ore is expected to persist.

SMM, March 10: Today, driven by positive news on downstream demand, suppliers raised their quotations, and low-priced supplies in the market tightened. Prices of Pr-Nd products fluctuated upward overall. Regarding medium-heavy rare earths, there are market rumors that Myanmar ore is expected to resume imports. However, according to a survey by SMM from miners, the import situation of ion-adsorption ore is unlikely to see significant improvement in the short term, and the tight supply of ion-adsorption ore is expected to persist.

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