SMM Pr-Nd Oxide Sentiment Factor Launched to Capture Rare Earth Market Trends [SMM Analysis]

The Pr-Nd oxide market has experienced significant fluctuations, and the factors influencing prices during transactions between buyers and sellers are difficult to capture. To better serve the spot Pr-Nd oxide market, the SMM Rare Earth Research Team, after a period of data accumulation and internal model calculations, has developed a transaction sentiment factor for Pr-Nd oxide. Starting from September 1, 2025, this factor will be updated at 12:00 PM every working day, providing the industry chain with a quantifiable, traceable, and early-warning reference for sentiment.

I. Data Highlights

1. Divergence in procurement and sales sentiment, better assessing the ease or difficulty of buying and selling

Upstream transaction sentiment factor for Pr-Nd oxide: willingness to sell by separation enterprises, scrap recycling companies, and traders

Downstream transaction sentiment factor for Pr-Nd oxide: purchase willingness of metal enterprises and traders

Final transaction sentiment factor for Pr-Nd oxide: combining the respective weights of separation enterprises, scrap recycling companies, traders, and metal enterprises to determine the overall purchase willingness       

2. Professional scoring, weighted by capacity/procurement volume

Every day, the analyst team engages in targeted communication with enterprises, scoring their willingness to sell/buy on a scale of 1-5 (1 = few inquiries, individual essential needs; 5 = panic buying, spot cargo instantly sold out). The scores are then weighted according to the enterprise's capacity/procurement volume, ensuring that the factor represents the mainstream of the industry.

3. Precise calculation, analyzing spot market trends

Through precise calculations, the SMM Rare Earth Research Team provides a quantifiable indicator of procurement and sales sentiment, enabling the market to review and forecast spot market trends.

 II. Application Scenarios

Separation Enterprises & Scrap Recycling Companies: Adjust the pace of shipments based on downstream purchasing sentiment, avoiding the risks of "high price, low transactions" or "low price, concentrated dumping."

Metal Enterprises & Traders: Identify upstream signals for shipment, lock in low-priced sources in advance or delay high-price purchases, optimizing inventory turnover days.