Traders' sentiment for selling was high, and the rare earth market prices were slightly weak. [SMM Rare Earth Daily Review]

Published: Apr 22, 2025 13:39

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SMM Rare Earth Daily Review: Traders' Selling Sentiment Intensifies, Rare Earth Market Prices Slightly Weakened. Today, rare earth market prices showed a slight downward trend. Specifically, in the oxide market, the price of Pr-Nd oxide decreased to 414,000-415,000 yuan per mt, dysprosium oxide dropped to 1.63-1.65 million yuan per mt, and terbium oxide fell to 6.9-6.96 million yuan per mt.

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SMM, April 22: Today, the rare earth market prices showed a slight downward trend. Specifically, in the oxide market, the price of Pr-Nd oxide decreased to 414,000-415,000 yuan per mt, dysprosium oxide decreased to 1.63-1.65 million yuan per mt, terbium oxide dropped to 6.9-6.96 million yuan per mt, and gadolinium oxide decreased to 164,000-166,000 yuan per mt. The price of holmium oxide decreased to 480,000-485,000 yuan per mt, while erbium oxide fluctuated between 298,000-303,000 yuan per mt.

In the metal market, the price of Pr-Nd alloy decreased to 511,000-513,000 yuan per mt, dysprosium-iron alloy decreased to 1.61-1.62 million yuan per mt, terbium metal dropped to 8.8-8.85 million yuan per mt, and gadolinium-iron alloy decreased to 160,000-162,000 yuan per mt. The price of holmium-iron alloy remained stable at 490,000-495,000 yuan per mt, while lanthanum-cerium alloy fluctuated between 17,000-22,000 yuan per mt.

Currently, the rare earth market prices are generally showing a slight downward trend. Due to the significant increase in terbium prices in the previous period, many traders increased their inventories. As the market entered a cooling-off period for procurement, traders began to sell off their stocks to cash out, leading to a significant drop in terbium prices. Due to weak demand from downstream enterprises, market transactions were poor, and traders' selling sentiment was high. Therefore, the rare earth market is generally showing a slight downward trend. It is expected that in the short term, the rare earth market prices will continue to show a slight downward trend, but from a long-term perspective, there is still hope for a rebound in rare earth prices.

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.

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