Analysis of the Rare Earth Market Situation

Today, the prices of mainstream rare earth products remained stable overall. The average price of Praseodymium-Neodymium Oxide was 798,400 RMB/ton, an increase of 1,200 RMB/ton; the average price of Praseodymium-Neodymium Metal was 991,100 RMB/ton, a decrease of 9,600 RMB/ton; the average price of Dysprosium Oxide was 1.455 million RMB/ton, unchanged from yesterday; the average price of Terbium Oxide was 6.225 million RMB/ton, an increase of 3,600 RMB/ton. Today, there is limited transaction information for products such as Praseodymium Oxide, Neodymium Oxide, Europium Oxide, Lanthanum-Cerium Oxide, and Neodymium Metal, so please refer to this information with caution.

Last week, market sentiment showed about 25.7% were bullish, while the proportion of those holding a neutral view decreased, leading to a significant price increase this week. This week, neutral sentiment still dominates, accounting for 65.02%, with bullish sentiment increasing to 28.57%, and bearish sentiment accounting for about 6.41%. Currently, downstream procurement has declined, and trader activity has also decreased. The few transactions that have occurred are mainly for essential needs, with actual trading being relatively scarce, resulting in generally stable rare earth prices. As downstream procurement slows down, the rare earth market may enter a phase of fluctuation and adjustment. However, upstream traders remain optimistic about the future market outlook, and prices are expected to show a steady trend in the near term.