The rare earth industry chain has recently shown a resonance of multiple positive factors, with the prices of various spot rare earth varieties continuing to rise. This trend has been reflected in the capital market. As of 13:16 on July 8th, the rare earth permanent magnet concept index continued its upward momentum from the previous trading day, rising by 2.2%. Among individual stocks, Longci Technology surged by 10.63%, while Yinhe Magnet, Rising Nonferrous Metals, Wuchan Zhongda Group, and Eontech Corporation led the gains. On the news front: Firstly, the continuous procurement by major rare earth manufacturers has provided a solid foundation for the market, forming a stable demand base. Secondly, influenced by news, some rare earth enterprises are expected to halt production, raising market concerns about production cuts in oxides and further intensifying expectations of supply-side tightness. Meanwhile, downstream magnetic material enterprises have increasingly anticipated a recovery in demand by month-end. The positive signals from the demand side and the expectations of supply-side tightness have combined to drive up the spot prices of rare earths.