Currently, rare earth market prices are showing a slight downward trend, primarily due to the lack of improvement in end-use demand. Magnetic material enterprises are experiencing average order volumes, making it difficult for them to withstand the pressure of high metal prices. Meanwhile, metal prices, supported by oxide costs, remain high, leading to a stalemate in market transactions and a slight pull back in oxide prices. Overall, although oxide prices have declined somewhat, metal market prices have not been significantly affected, and the upstream and downstream sectors remain in a stalemate. It is expected that in the short term, if end-use demand continues to be insufficient, rare earth prices may continue to weaken slightly.