[SMM Flash News: Price of Terbium Oxide Surges Amid Speculation on Market News] Currently, the overall prices in the rare earth market are rising, with suppliers continuing to quote higher prices and the supply of low-priced goods rapidly decreasing. It is understood that as of this afternoon, the price of terbium oxide has surged to 7 million yuan/mt. However, downstream magnetic material enterprises reported that the order-taking situation remains poor, with metal plants struggling to sell at high prices. Market transactions are sluggish, with purchasing as needed at low prices being the main trend. Overall, the competition in the upstream and downstream markets is fierce, with most industry players adopting a wait-and-see attitude.