August 18 SMM Rare Earth Afternoon Transaction Comment

Published: Aug 18, 2026 17:25 (GMT+8)

[SMM Rare Earth Afternoon Transaction Comment] In the afternoon, trading in the Pr-Nd oxide market was sluggish, and its quotations remained within the range of 718,000-720,000 yuan/mt; gadolinium oxide quotations were also relatively stable, and market conditions saw relatively small changes; trading in the Pr-Nd alloy market remained in a stalemate, with metal enterprises' quotations firm and stable at 870,000-875,000 yuan/mt; inquiry activity in the GdFe market did not increase significantly, and prices remained stable at 183,000-185,000 yuan/mt.

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.

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