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SMM News on June 6: Today, the prices in the rare earth market have risen significantly. Specifically, in the oxide market, the price of Pr-Nd oxide has increased to 448,000-450,000 yuan/mt, the price of dysprosium oxide has remained stable at 1.62-1.64 million yuan/mt, the price of terbium oxide has risen to 7.17-7.23 million yuan/mt, and the price of gadolinium oxide has remained stable at 164,000-167,000 yuan/mt. The price of holmium oxide has risen to 515,000-520,000 yuan/mt, and the price of erbium oxide continues to fluctuate between 300,000-305,000 yuan/mt.
In the metal market, the price of Pr-Nd alloy has risen to 548,000-550,000 yuan/mt today, the price of dysprosium-iron alloy has remained stable at 1.58-1.59 million yuan/mt, the quoted price of terbium metal has remained stable at 8.8-8.9 million yuan/mt, the price of gadolinium-iron alloy has remained stable at 160,000-162,000 yuan/mt, the market price of holmium-iron alloy has remained stable at 524,000-528,000 yuan/mt, and the price of lanthanum-cerium alloy continues to remain stable at 17,000-19,000 yuan/mt.
Currently, the prices in the rare earth market have risen significantly, mainly concentrated in the light rare earth sector. This increase has been driven by macro policy news and the rising cost of rare earth raw materials, thereby boosting market sentiment. However, end-use demand has not yet improved significantly, and the order situation of downstream magnetic material factories remains average, with limited acceptance of high-priced metals. This has led to an intensified market stalemate, and the actual transaction situation remains to be observed. Therefore, it is expected that rare earth prices may exhibit a fluctuating trend in the short term.
