Sentiment of Waiting and Watching in the Rare Earth Market Remains Unchanged, Corporate Purchasing Enthusiasm Low [SMM Rare Earth Daily Review]

Published: Mar 24, 2025 13:19

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SMM Rare Earth Daily Review: Rare Earth Market Sentiment Remains Cautious, Corporate Purchasing Enthusiasm Low Today, the overall rare earth market prices showed a stable trend with a weak inclination. In the oxide market, Pr-Nd oxide prices fell to 443,000 to 445,000 yuan per mt, dysprosium oxide dropped to 1.65 million to 1.68 million yuan per mt, and terbium oxide prices declined to 6.53 million to 6.57 million yuan per mt.

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SMM March 24: Today, the overall rare earth market prices showed a stable trend with a weak inclination. In the oxide market, Pr-Nd oxide prices decreased to 443,000 to 445,000 yuan/mt, dysprosium oxide fell to 1.65 million to 1.68 million yuan/mt, terbium oxide dropped to 6.53 million to 6.57 million yuan/mt, gadolinium oxide fluctuated between 164,000 to 169,000 yuan/mt, holmium oxide ranged from 466,000 to 470,000 yuan/mt, and erbium oxide remained in the 293,000 to 297,000 yuan/mt range. In the metal market, Pr-Nd alloy prices held firm at 543,000 to 545,000 yuan/mt, dysprosium-iron alloy stayed steady at 1.63 million to 1.64 million yuan/mt. Terbium metal prices were maintained at 8.1 million to 8.15 million yuan/mt, and gadolinium-iron ranged from 164,000 to 166,000 yuan/mt. Lanthanum-cerium metal prices stayed at 17,000 to 19,000 yuan/mt. Influenced by news that Myanmar ore imports might soon resume, today's rare earth market prices exhibited a slightly weaker trend, but the overall decline was limited. Market sentiment remained mainly watchful, with companies being cautious in their purchases. It is expected that in the short term, the rare earth market will maintain a stable trend with a weak inclination.

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