[SMM Rare Earth Weekly Review: Rare Earth Prices Pull Back Significantly, Transactions Remain Stagnant] Recently, the prices of light rare earths have shown a significant pullback trend amid weak downstream demand. It is understood that due to the influence of news factors in the early stage, some traders' speculation led to a rapid increase in the price of Pr-Nd oxide. However, the downstream demand side did not show significant improvement, making it difficult to accept high-priced raw materials, which consequently caused the price of Pr-Nd to start declining this week.

[SMM Weekly Review of Recycled Rare Earths: Rare Earth Scrap Prices Remain High, Market Trading Active] This week, the scrap market maintained a stable state at persistently high prices. Last Friday, due to the continuous tightening of low-priced ore supplies at the mining end, separation enterprises faced difficulties in procurement, leading to a continuous rise in oxide costs. Coupled with market speculation about favorable policy news, this boosted the oxide market prices, driving the scrap market prices to continue rising.

[SMM Rare Earth Daily Review: Overall Trading Sluggish, Rare Earth Prices Continue to Decline] Currently, rare earth market prices continue to decline slightly. The orders of downstream magnetic material enterprises have not shown significant improvement, making it difficult for enterprises to accept high-priced metals. In addition, some enterprises still have inventory support, further suppressing the activity of market transactions, with low activity in both offers and inquiries. Affected by this, the prices of metals and oxides have both declined.

[SMM Rare Earth Morning Meeting Summary: Rare Earth Prices Drop Back Slightly, Downstream Trading Increases Slightly] The overall prices of rare earth oxides continue to drop back slightly. However, based on the quotation situation of separation plants, the current prices have become relatively firm. Suppliers are unwilling to continue driving down prices to sell goods. Most industry participants are adopting a wait-and-see attitude towards the future market of rare earths. It is expected that rare earth prices will remain relatively stable in the short term.

[SMM Rare Earth Daily Review: Rare Earth Prices Decline Slightly, Transactions Remain Stagnant] Currently, the rare earth market is in the doldrums with prices slightly declining. This is mainly due to the lack of improvement in end-use demand. Magnetic material enterprises have seen average order volumes and find it difficult to accept high metal prices. Meanwhile, metal prices remain stable at high levels due to the cost support from oxides, resulting in stagnant market transactions. Consequently, the oxide market prices have slightly declined under this influence.

[SMM Rare Earth Morning Meeting Summary: Metal Quotations Pull Back, Stalemate Between Upstream and Downstream Continues] Prices of rare earth oxides dropped back slightly overall. However, according to the feedback from separation plants, most suppliers are still reluctant to offer goods at low prices. Some industry participants still have good expectations for the future prices of rare earths, and the trading volume in the market is relatively small.

[SMM Rare Earth Daily Review: Rare Earth Prices Remain Stable with Limited Trading Volume] Currently, the rare earth market is relatively stable, with prices holding steady. However, due to the continued tightening of export controls, some magnetic materials originally intended for export have been redirected to domestic sales, intensifying market competition. The overall order situation for magnetic material enterprises is not ideal, with profit margins being compressed and a lower acceptance of high-priced metals. Meanwhile, metal prices remain high, supported by oxide costs, despite the limited trading volume.