【SMM Rare Earth Morning Meeting Summary】Suppliers Sold at Low Prices, Downstream Purchasing Remained Cautious and Watchful

Published: Mar 27, 2025 09:19

Save

SMM Rare Earth Morning Meeting Summary: Suppliers Dump Goods at Low Prices, Downstream Buyers Remain Cautious and Watchful. Yesterday, the rare earth market prices continued to decline. As the news of the resumption of Myanmar ore imports has been officially confirmed, some suppliers have become more active in dumping goods at low prices, while downstream buyers remain cautious and watchful. The actual transaction prices of rare earth oxides have significantly decreased.

》View SMM Rare Earth Quotations, Data, and Market Analysis

》Order and View SMM Metal Spot Historical Price Trends

SMM March 27 News:

Rare Earth Ore

Prices: The price of rare earth carbonate is around 35,600 yuan/mt, monazite is about 42,200 yuan/mt, and medium-yttrium, europium-rich ore is approximately 186,000 yuan/mt.

Supply and Demand: Currently, influenced by news factors, rare earth ore prices are generally weak, and separation plants have further increased the deduction of TC for ion-adsorption ore.

Rare Earth Oxides

Prices: The quotation range for Pr-Nd oxide is about 437,000-439,000 yuan/mt, the mainstream quotation range for dysprosium oxide is 1.62-1.64 million yuan/mt, and the quotation for terbium oxide has been adjusted to around 6.38-6.43 million yuan/mt.

Supply and Demand: Yesterday, the rare earth market prices continued to decline. As the news of the resumption of Myanmar ore imports has been officially confirmed, some suppliers have become more active in selling at low prices, while downstream buyers remain cautious and watchful, leading to a significant decrease in the actual transaction prices of rare earth oxides.

Rare Earth Metals

Prices: The mainstream quotation range for Pr-Nd alloy is 538,000-542,000 yuan/mt, the quotation for dysprosium-iron alloy is about 1.6-1.61 million yuan/mt, and the quotation for terbium metal is approximately 8.03-8.07 million yuan/mt.

Supply and Demand: As raw material prices continue to decline, the purchasing atmosphere has become more subdued due to the sentiment of rushing to buy amid continuous price rise and holding back amid price downturn. Metal plant quotations have also decreased following the drop in oxide prices, and actual transaction conditions remain poor.

NdFeB Blank

Prices: NdFeB blank N38 (Ce) was quoted at 145-155 yuan/kg; NdFeB blank 40M was quoted at 191-201 yuan/kg; NdFeB blank 40H was quoted at 195-205 yuan/kg; NdFeB blank 45SH (ce) was quoted at 245-265 yuan/kg.

Supply and Demand: Yesterday, rare earth prices continued to fall. Due to the volatile market conditions, the magnetic materials market has become more cautious in purchasing, and the sentiment of watchfulness has intensified.

NdFeB Scrap

Prices: Pr-Nd recycled from NdFeB scrap was quoted at 469-474 yuan/kg; dysprosium recycled from NdFeB scrap was quoted at 1,613-1,635 yuan/kg; terbium recycled from NdFeB scrap was quoted at 5,232-5,341 yuan/kg.

Supply and Demand: Yesterday, scrap market prices declined. Separation companies generally slowed down their purchasing pace, mainly buying at lower prices and negotiating based on specific ratios.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

11 hours ago

Frontier Secures $20 Million and Signs Rare Earth Offtake Agreement

Luxembourg-based Frontier Rare Earths today announced it successfully obtained a $20 million investment from South Africa's Industrial Development Corporation (IDS) and signed an offtake agreement with France's Carester. The company has now initiated the final feasibility study for its South African magnet-use rare earth and battery-grade manganese project. Frontier Rare Earths is currently advancing the development of the Zandkopsdrift project in South Africa. The project is expected to achieve an annual capacity of approximately 3,038 mt of Pr-Nd oxide, 114 mt of dysprosium oxide, and 25 mt of terbium oxide over the first 25 years.

11 hours ago

US Provides $565 Million in Financing for Brazilian Rare Earth Project

Serra Verde, a Brazilian rare earth element producer, announced today that the US International Development Finance Corporation (DFC) offered it a financing package worth $565 million, which also includes an option for the US government to acquire a minority stake in the company. Serra Verde’s Pela Ema ionic clay deposit in Brazil is scheduled to begin commercial production in 2024, with an expected annual output of 5,000 mt of total rare earth oxides, including dysprosium, erbium, neodymium, and praseodymium. Serra Verde plans to use the funds to refinance existing loan facilities and expand production capacity. The project aims to increase total rare earth oxide production to 6,500 mt per year by 2027.

11 hours ago

US DFC Offers $565M Financing to Brazilian Rare Earth Project

[SMM Flash: US Provides $565 Million in Financing for Brazilian Rare Earth Project] Serra Verde (a Brazilian rare earth element producer) announced today that the US International Development Finance Corporation (DFC) has provided it with a financing package worth $565 million, which also includes an option for the US government to acquire a minority stake in the company. Serra Verde's Pela Ema ionic clay deposit in Brazil is scheduled to commence commercial production in 2024, with an expected annual output of 5,000 mt of total rare earth oxides, including elements such as dysprosium, erbium, neodymium, and praseodymium. Serra Verde plans to use the funds to refinance existing loan facilities and expand production capacity. The project aims to increase the annual production of total rare earth oxides to 6,500 mt by 2027.

11 hours ago