SMM Rare Earth Afternoon Trading Comment on October 14

Published: Oct 14, 2026 16:40 (GMT+8)

Save

[SMM Rare Earth Afternoon Transaction Comment] In the afternoon, Pr-Nd oxide prices edged up slightly from the morning. Suppliers maintained their firm stance on pricing, and low-priced cargoes remained hard to find, while downstream inquiries continued to focus on low-priced sources. Gadolinium oxide prices held steady in the afternoon, with sellers leaving quotes unchanged. Market inquiries were mainly need-based, and trading sentiment was subdued. In the afternoon, Pr-Nd alloy quotes were flat compared with the morning and remained unchanged for the rest of the day. On the metal side, quotes were kept at previous levels amid a slight uptick in raw material costs and thinning transactions. Inquiry activity in the market today declined from yesterday, downstream buying interest weakened, and actual discussions centered on rigid demand, with the pace of concluded deals slowing. Gadolinium-iron alloy quotes also held steady in the afternoon, with purchases mainly need-based and limited shipment volumes.

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

3 hours ago

Critica Updates Jupiter Rare Earth Project Resource, Maiden Indicated 160 Mt at 0.17% TREO

【SMM Rare Earth Flash】 ASX-listed Critica announced an updated mineral resource for its Jupiter rare earth project in Western Australia, with a maiden Indicated resource of 160 Mt at 0.17% TREO, representing 10% of total resources. The Inferred resource stands at 1.7 Bt at 0.17% TREO. Magnet rare earths (Pr, Nd, Dy, Tb) account for up to 25% of TREO in the Indicated portion. CEO Jacob Deysel said the maiden Indicated resource is a key milestone, confirming targeted infill drilling and improving geological confidence. Jupiter is part of the 1,700 km² Brothers project, with a scoping study nearing completion.

3 hours ago

4 hours ago

Rare earth prices move sideways; market trading sentiment is subdued [SMM Rare Earth Daily Review]

[SMM Rare Earth Daily Review: Rare earth prices move sideways, market trading sentiment remains subdued] In the short term, the Pr-Nd series lacks growth in transaction volume to drive momentum, and inquiry activity has pulled back, so prices are likely to continue consolidating steadily in the near term. Whether they can rise again will depend on the pace of downstream order releases. For medium-heavy rare earths, the continued weakness in terbium metal prices warrants attention as to whether it will further transmit to the oxide side. Dysprosium may face some pressure after raw material prices loosen, while holmium, erbium, and other varieties are still mainly moving sideways.

4 hours ago

9 hours ago

[SMM Rare Earth Morning Meeting Summary] Pr-Nd prices continue to rise with transactions following suit, terbium series leads the decline while dysprosium-iron alloy turns downward

[SMM Rare Earth Morning Meeting Summary: Pr-Nd Prices Continue to Rise with Transactions Following Suit, Terbium Series Leads Decline as Dysprosium-Iron Alloy Turns Down] The price center of Pr-Nd oxide continued to move upward, with low-priced supply further tightening; dysprosium oxide prices stopped falling and stabilized; terbium oxide quotes continued to edge lower.

9 hours ago