Rare earth prices show mixed performance; downstream wait-and-see sentiment is strong [SMM Rare Earth Daily Review]
[SMM Rare Earth Daily Review: Rare earth prices show mixed performance, with strong wait-and-see sentiment downstream] Overall, after the previous rapid rise, the rare earth market has entered a phase of differentiated adjustment. Dysprosium and terbium pulled back from highs, holmium and erbium continued to make up gains, while Pr-Nd consolidated. Downstream actual purchasing pace remained cautious overall, with transactions in a stalemate. In the short term, Pr-Nd products are expected to continue moving sideways under the influence of stagnant market trading. Medium-heavy rare earth products are showing divergent trends: holmium and erbium are likely to hold up well supported by tight supply, while dysprosium and terbium consolidate at highs.