SMM China Rare Earth Market Daily Report on April 22

Published: Apr 22, 2025 17:55 (GMT+8)
April 22 SMM China Rare Earth Market Daily: Today, the rare earth market prices continued to be in the doldrums, with the price of terbium products falling rapidly, which dampened market confidence. Some suppliers continued to sell at low prices, causing the transaction prices in the rare earth market to keep declining. Given the current weak downstream demand and the high enthusiasm of upstream suppliers to sell, it is expected that there is still some downside room for rare earth prices in the short term.

SMM reported on April 22: Today, the rare earth market continued to be in the doldrums, with the price of terbium products falling rapidly, which dampened market confidence. Some suppliers continued to sell at low prices, leading to a continuous decline in the transaction price of the rare earth market. Given the current weak downstream demand and the high enthusiasm of upstream suppliers to sell, it is expected that there is still some downside room for rare earth prices in the short term.

》Click to learn more about the report

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 for 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
SMM Rare Earth Afternoon Trading Comment on September 24
20 hours ago
SMM Rare Earth Afternoon Trading Comment on September 24
Read More
SMM Rare Earth Afternoon Trading Comment on September 24
SMM Rare Earth Afternoon Trading Comment on September 24
20 hours ago
Vulcan Elements Wins U.S. Army Contract to Supply Rare Earth Magnets for SkyFoundry Drone Program
21 hours ago
Vulcan Elements Wins U.S. Army Contract to Supply Rare Earth Magnets for SkyFoundry Drone Program
Read More
Vulcan Elements Wins U.S. Army Contract to Supply Rare Earth Magnets for SkyFoundry Drone Program
Vulcan Elements Wins U.S. Army Contract to Supply Rare Earth Magnets for SkyFoundry Drone Program
【SMM Rare Earth Flash】 U.S. rare earth magnet manufacturer Vulcan Elements announced it has passed the U.S. Army's competitive selection to supply high-performance NdFeB magnets for the Army's SkyFoundry drone program. The program aims to produce 1 million small drones annually at Tobyhanna Army Depot, Pennsylvania, requiring a "fully domestic, vertically integrated manufacturing process." Vulcan claims to be the only rare earth magnet company globally fully decoupled from China across materials, technology, software, IP, and ownership. Its Benson, North Carolina plant under construction will have 10,000 t/y magnet capacity, becoming the largest rare earth magnet plant outside China and creating about 1,000 manufacturing jobs. This is Vulcan's 10th U.S. Department of War contract.
21 hours ago
Scrap Pr-Nd Moves Sideways, Pre-Holiday Stockpiling Rises Then Falls [SMM Recycled Rare Earth Weekly Review]
22 hours ago
Scrap Pr-Nd Moves Sideways, Pre-Holiday Stockpiling Rises Then Falls [SMM Recycled Rare Earth Weekly Review]
Read More
Scrap Pr-Nd Moves Sideways, Pre-Holiday Stockpiling Rises Then Falls [SMM Recycled Rare Earth Weekly Review]
Scrap Pr-Nd Moves Sideways, Pre-Holiday Stockpiling Rises Then Falls [SMM Recycled Rare Earth Weekly Review]
[SMM Recycled Rare Earth Weekly Review: Scrap Pr-Nd Moves Sideways, Pre-Holiday Stockpiling Rises Then Falls] Overall, scrap Pr-Nd prices held steady this week. Early in the week, trading was briefly active as suppliers cashed out ahead of the holiday, but as recycling enterprises wound down stockpiling and procurement slowed, transactions turned quiet in the second half of the week, with actual market activity rising first and then falling. In the short term, downstream demand is expected to see limited release amid holiday disruptions, and scrap Pr-Nd prices are likely to consolidate sideways.
22 hours ago
SMM China Rare Earth Market Daily Report on April 22 - Shanghai Metals Market (SMM)