Rare Earth Prices Rise Slightly as Downstream Inquiry Activity Picks Up Amid News-Driven Factors

Published: May 20, 2026 18:48

Save

[SMM Rare Earth News Flash] Influenced by news-driven factors, downstream inquiry activity picked up in the afternoon. As of 18:00 this evening, Pr-Nd oxide prices closed at 690,000-695,000 yuan/mt, up slightly by 2,500 yuan/mt from the morning price. Spot Pr-Nd alloy prices showed no significant change from the morning, with mainstream quotations remaining at 850,000 yuan/mt, while a small volume of deferred payment wire transfer deals were concluded at 845,000 yuan/mt. Currently, wait-and-see sentiment on the downstream demand side of the rare earth market remained strong, with purchasing being relatively cautious and actual trading volume in the market still limited.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

9 mins ago

Germanium, Tantalum, Indium and Pr-Nd Surged This Year; Many Companies Preannounced Positive Interim Results; Minor Metals Sector Strengthened, China Rare Earth Led the Gains [SMM News]

9 mins ago

35 mins ago

Pr-Nd Prices Recover Slightly; Medium-Heavy Rare Earth Prices Remain in the Doldrums [SMM Rare Earth Daily Review]

[SMM Rare Earth Daily Review: Pr-Nd Prices Recover Slightly; Medium-Heavy Rare Earth Remains in the Doldrums] Overall, wait-and-see sentiment in the rare earth market remained strong, and price performance diverged: Pr-Nd product prices were raised slightly, driven by a rebound in futures, while medium-heavy rare earth remained in the doldrums due to insufficient demand support. In the short term, as market trading activity gradually rebounds, Pr-Nd product prices are expected to stop falling and rise.

35 mins ago

5 hours ago

[SMM Rare Earth Morning Meeting Summary] Pr-Nd Oxide Weakens, Metals Follow the Decline, Scrap Prices Fall with Sellers Holding Back from Selling in a Standoff, Magnetic Material Orders Recover

[Pr-Nd Oxide Weak, Metals Follow Lower; Scrap Prices Decline amid Holdback Standoff; Magnetic Material Orders Recover] Yesterday, affected by futures price fluctuations, the overall market was under pressure, and most industry participants remained bearish. Downstream metal producers showed strong wait-and-see sentiment, with purchase willingness remaining subdued; some traders continued selling at low prices to facilitate transactions, and Pr-Nd oxide prices extended their weak trend. In the medium-heavy rare earth segment, overall market movement was limited, and dysprosium oxide and terbium oxide prices remained relatively stable.

5 hours ago