》Check SMM rare earth quotes, data, and market analysis
》Subscribe to view historical price trends of SMM metal spot cargo
SMM News on May 15: Today, the rare earth market prices showed a trend of maintaining stability at high levels. Specifically, in the oxide market, the price of Pr-Nd oxide remained at 433,000 to 435,000 yuan per mt, dysprosium oxide prices stabilized at 1.65 million to 1.66 million yuan per mt, terbium oxide prices increased to 7.23 million to 7.27 million yuan per mt, and gadolinium oxide prices decreased to 168,000 to 170,000 yuan per mt. Holmium oxide prices remained at 520,000 to 525,000 yuan per mt, and erbium oxide prices continued to fluctuate between 300,000 to 305,000 yuan per mt.
In the metal market, the price of Pr-Nd alloy remained at 533,000 to 536,000 yuan per mt today, dysprosium-iron alloy prices stabilized at 1.6 million to 1.62 million yuan per mt, quotes for terbium metal increased to 8.9 million to 8.98 million yuan per mt, and gadolinium-iron alloy prices decreased to 162,000 to 165,000 yuan per mt. The market price of holmium-iron alloy stabilized at 530,000 to 535,000 yuan per mt, while the price of lanthanum-cerium metal remained stable at 17,000 to 19,000 yuan per mt.
Currently, rare earth market prices have remained stable overall. The buzz around macro-level news has gradually subsided, with some industry insiders finding that the rare earth export control policy has not actually changed. Additionally, end-use demand is in the off-season, and orders from downstream magnetic material enterprises have not significantly increased, leading to a strong wait-and-see sentiment in the market. Practitioners are generally concerned about changes in end-use demand and further developments in macro policies. Overall, in the absence of significant changes in the supply-demand pattern, the rare earth market is gradually returning to rationality, and it is expected that rare earth prices will maintain high-level consolidation in the short term.
