NewsFlash / Rare Earth / SMM Flash News: Pre-Labour Day Holiday Restocking Boosts Pr-Nd Prices Slightly Amid Market Uncertainty
SMM Flash News: Pre-Labour Day Holiday Restocking Boosts Pr-Nd Prices Slightly Amid Market Uncertainty
iconApr 29, 2025 18:28
Source:SMM
[SMM Flash News: Restocking Before Labour Day Holiday Drives Up Pr-Nd Prices] Driven by restocking activities before the Labour Day holiday, inquiries in the Pr-Nd market increased this afternoon, with suppliers raising their quotes slightly to 412,000 yuan/mt. The volume of restocking was relatively small. Due to uncertainties in the market outlook, the market still maintains a high level of wait-and-see sentiment. Most enterprises are cautiously purchasing based on demand, and it is expected that the price fluctuation range will be relatively small in the near future.

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