SMM, July 8: Today, rare earth market prices showed an overall upward adjustment trend. Specifically, in the oxide market, Pr-Nd oxide price was raised by 7,500 yuan/mt, dysprosium oxide price remained flat, terbium oxide price was raised by 125,000 yuan/mt, gadolinium oxide price was raised by 3,500 yuan/mt, holmium oxide price was raised by 7,500 yuan/mt, and erbium oxide price remained flat.
In the metal market, Pr-Nd alloy price was raised by 10,000 yuan/mt, dysprosium-iron alloy price remained flat, terbium metal price was raised by 175,000 yuan/mt, gadolinium-iron alloy price was raised by 2,500 yuan/mt, holmium-iron market price was raised by 9,000 yuan/mt, and lanthanum-cerium metal (alloy grade) price remained flat.
In markets outside China, FOB price of praseodymium oxide was raised by $2.5/kg this week, FOB price of neodymium oxide was raised by $3/kg this week, FOB price of terbium oxide was raised by $40/kg this week, FOB price of dysprosium oxide was raised by $4/kg this week, FOB price of praseodymium metal was raised by $3/kg this week, FOB price of neodymium metal was raised by $5/kg this week, and FOB price of terbium metal was raised by $50/kg this week.
Currently, rare earth market prices showed an overall upward trend. Focusing on the Pr-Nd market, futures prices for Pr-Nd oxide rose, while market inquiries were active. Against this backdrop, spot Pr-Nd oxide suppliers reduced their willingness to sell at low prices, raised quotes, and some high-priced transactions occurred.
In the metal market, supported by raw material costs and large magnetic material enterprises entering the market for purchases yesterday, low-priced supplies in the market decreased, prompting metal enterprises to raise offers. However, magnetic material enterprises were cautious in making inquiries and purchases, with only small transactions concluded, and the overall sentiment was wait-and-see.
In the medium-heavy rare earth market, low-priced supplies of terbium products decreased, market inquiry activity increased, suppliers were reluctant to sell at low prices, and quotes continued to rise. Gadolinium product prices followed the Pr-Nd market upward, but market inquiry activity was moderate. Holmium product prices edged up slightly due to improved inquiry activity.
In summary, rare earth market inquiry activity improved, with actual transactions gradually following, low-priced supplies in the market decreased, driving overall rare earth prices upward. In the short term, influenced by improved trading activity, Pr-Nd product prices are likely to drift higher.
![Pr-Nd Prices Raised in the Rare Earth Market, Trading in Stalemate with Strong Wait-and-See Sentiment [SMM Rare Earth Daily Review]](https://imgqn.smm.cn/usercenter/THqPM20251217171743.jpeg)
