SMM China Rare Earth Market Daily Report on May 7

Published: May 7, 2025 18:00

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[SMM China Rare Earth Market Daily Report on May 7] Today, rare earth prices generally rose slightly. It is understood that there has been no significant improvement in the downstream demand market for rare earths. Buyers are cautious in inquiring about goods and mainly make just-in-time procurement. However, influenced by news factors, some suppliers' sentiment of waiting and seeing has further intensified, with a decrease in their enthusiasm for offering goods, leading to a tightening of low-priced rare earth supplies in the market.

SMM May 7 News: Today, the overall price of rare earths has risen slightly. It is understood that there has been no significant improvement in the downstream demand market for rare earths at present. Buyers are cautious in inquiring about goods and mainly make just-in-time procurement. However, influenced by news factors, some suppliers' sentiment of waiting and seeing has further intensified, their enthusiasm for offering goods has decreased, and the supply of low-priced goods in the market has tightened.

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