This week, rare earth prices continued to fluctuate overall. At the beginning of the week, due to factors such as the low willingness to sell from upstream miners, restocking purchases by large companies, and speculative hoarding by traders, rare earth oxide prices showed an upward trend. However, it did not last long. As orders of downstream magnetic material producers did not improve, high-priced rare earth transactions became difficult. By midweek, rare earth transaction prices fell again.
As back-and-forth price negotiations between upstream and downstream intensified, rare earth prices are expected to continue to fluctuate downward.

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