Rare Earth Market Shows Mixed Performance; Pr-Nd Rebounds but Trading Is Sluggish [SMM Rare Earth Daily Review]
[SMM Rare Earth Daily Review: Rare earth market shows mixed performance; Pr-Nd rebounds but transactions remain sluggish] Overall, the market showed mixed performance today, with gains concentrated in Pr-Nd and dysprosium series, declines concentrated in terbium and holmium series, while gadolinium and erbium remained stable. Pr-Nd halted its consecutive pullback and rebounded from lows, mainly supported by tightening low-priced supply; dysprosium series continued the cost pass-through from rising raw material prices, with oxides and metals moving up in tandem and low-priced supply also tightening; terbium series still faced difficulty in high-priced transactions, with terbium oxide prices concessions while the metal side remained temporarily stable; holmium series pulled back due to accumulated earlier gains and insufficient transaction support. On the transaction front, inquiries across all segments remained sluggish, and price fluctuations had yet to bring about improvement in transactions.
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