Rare earth prices show mixed performance; market transactions follow up slowly [SMM Rare Earth Daily Review]
[SMM Rare Earth Daily Review: Rare earth prices show mixed performance, with market transactions following up slowly] In the short term, the market is still in the post-holiday recovery phase, and price direction depends on the pace of downstream magnetic material order releases. For the Pr-Nd series, amid the tug-of-war between raw material cost support and limited downstream acceptance, prices are likely to move sideways in the short term. For medium-heavy rare earths, if terbium continues to weaken, attention should be paid to actual transactions on the metal side, while whether the gains in erbium and holmium can continue depends on whether actual transactions can follow up.