Light Rare Earth Prices Fluctuate Relatively Small, Heavy Rare Earth Prices Surge Rapidly:Updates By SMM

Rare Earth Ore

Prices: Rare earth carbonate prices are approximately 36,400 yuan/mt, monazite prices are around 42,000 yuan/mt, and medium-yttrium, europium-rich ore standard ore prices are about 190,000 yuan/mt.

Supply and Demand: Currently, with tight supply on the mining side, prices remain relatively stable, and market sentiment is dominated by a wait-and-see approach.

Rare Earth Oxides

Prices: The quotation range for Pr-Nd oxide is approximately 445,000-450,000 yuan/mt, mainstream quotations for dysprosium oxide are in the range of 1.7-1.72 million yuan/mt, and terbium oxide prices have been adjusted to around 6.45 million yuan/mt.

Supply and Demand: Yesterday, oxide prices showed mixed changes. Pr-Nd oxide prices continued to drop back slightly, but supplier quotations remained firm, with relatively small fluctuations. Meanwhile, the supply of ion-adsorption ore remained poor, and prices for some heavy rare earths, such as terbium oxide, rose rapidly.

Rare Earth Metals

Prices: The mainstream quotation range for Pr-Nd alloy is 545,000-550,000 yuan/mt, dysprosium-iron alloy prices are approximately 1.66-1.68 million yuan/mt, and terbium metal prices are around 8.05-8.1 million yuan/mt.

Supply and Demand: Yesterday, metal factory quotations fluctuated with oxide prices. Some traders sold at lower prices, and transaction prices for Pr-Nd alloy continued to fluctuate downward, with actual market transactions performing poorly.

Magnetic Materials

Prices: NdFeB blank prices—NdFeB blank N38 (Ce) closed at 145-155 yuan/kg; NdFeB blank 40M closed at 191-201 yuan/kg; NdFeB blank 40H closed at 195-205 yuan/kg; NdFeB blank 45SH (Ce) closed at 245-265 yuan/kg.

Supply and Demand: Yesterday, magnetic material prices remained overall stable. Due to low acceptance of high-priced raw materials by downstream customers, the overall purchasing enthusiasm in the magnetic material market is low, and enterprises are largely adopting a wait-and-see attitude.

NdFeB Scrap

Prices: PrNd recycled from NdFeB scrap closed at 457-474 yuan/kg; dysprosium recycled from NdFeB scrap closed at 1,635-1,657 yuan/kg; terbium recycled from NdFeB scrap closed at 5,123-5,178 yuan/kg.

Supply and Demand: Recently, mainstream quotations in the market have remained stable, with significantly narrowed price fluctuations. Most trading companies are procuring based on demand, while producers focus on replenishing essential inventory. "Shanghai Metals Market"