[SMM Rare Earth Morning Meeting Summary: Sluggish Market Purchases, Prices Remain Relatively Stable] Yesterday, the overall rare earth oxide market remained relatively stable, with sluggish market transactions. Suppliers offered firm quotes, and back-and-forth negotiations between upstream and downstream were at a stalemate. The overall fluctuation range of actual transaction prices was relatively small. It is expected that rare earth prices will continue to remain relatively stable in the near future.

[Rare Earth Forum Live Stream | Outlook for Rare Earth Market, Development Opportunities in Wind Power, Humanoid Robots, and Other Industries, Latest Technology Sharing] ►Analysis of the Current Situation in the Rare Earth Industry ►In-situ Short-process Regeneration Technology and Application of Sintered NdFeB Magnetic Sludge ►Recent Developments in the Overseas Rare Earth Industry ►Research Progress in Hot-pressed and Hot-deformed Rare Earth Permanent Magnet Materials ►Interpretation of China's Rare Earth Industry Data and Market Outlook for 2024-2025 ►Outlook for the Latest Technology and Application Market of Cerium-containing Permanent Magnets ►Outlook and Technical Discussion on the EVTOL Propeller Motor Industry ►Trends and Industry Chain Analysis of the Humanoid Robot Industry ►Rare Earths & Wind Power: Contributing to Carbon Neutrality

[SMM Rare Earth Morning Meeting Summary: Sluggish Market Procurement, Prices Stabilizing] Yesterday, the overall price trend of rare earth oxides showed a slight pullback, with low enthusiasm for downstream procurement and relatively few actual transactions in the market. The price of Pr-Nd dropped back slightly, but the overall fluctuation range was relatively small.

[SMM Rare Earth Morning Meeting Summary: Market Speculation Resurfaces, Prices Increase Slightly] Last week, as the weekend approached, the overall quoted prices in the rare earth market increased. However, according to a survey, the downstream purchase volume did not show improvement. Some industry participants believed that this price increase was driven by speculation, and the outlook for the market remains pessimistic.

[SMM Analysis: Rare Earth Permanent Magnets' Exports in April 2025 Hit a Five-Year Low] In April 2025, rare earth permanent magnets' exports reached 2,627 mt, down 51% MoM and 45% YoY, hitting a five-year low for rare earth permanent magnets.