Pr-Nd Prices Raised in the Rare Earth Market, Trading in Stalemate with Strong Wait-and-See Sentiment [SMM Rare Earth Daily Review]
[SMM Rare Earth Daily Review: Pr-Nd Quotations Raised in the Rare Earth Market, Trading at a Stalemate with Strong Wait-and-See Sentiment] Overall, the rare earth market has entered a phase of differentiated adjustments, with price trends and market trading activity diverging in tandem. Pr-Nd quotations were raised, but downstream inquiries and purchases remained cautious, with limited actual transaction volume, leaving the buy-sell stalemate unbroken. Within medium-heavy rare earths, trading also showed divergence, as dysprosium and terbium metals saw slight price concessions to facilitate shipments amid resistance to high-priced deals, with an overall strong wait-and-see atmosphere in the market. In the short term, the price trend of Pr-Nd products still needs to be observed in light of market trading conditions, but with upstream willingness to hold prices firm strengthening, prices may drift higher.