SunSirs: Rare Earth Market Analysis on May 13

Rare earth market analysis:

Today, mainstream rare earth products generally trended weaker. The average price of praseodymium-neodymium oxide stood at 736,100 RMB/ton, a decrease of 17,800 RMB/ton; the average price of praseodymium-neodymium metal was 910,200 RMB/ton, down 9,200 RMB/ton; the average price of dysprosium oxide was 1,322,900 RMB/ton, down 6,500 RMB/ton; and the average price of terbium oxide was 6.09 million RMB/ton, down 1,400 RMB/ton. Today, transaction data regarding inquiries for products such as praseodymium oxide, neodymium oxide, europium oxide, lanthanum-cerium oxide, and neodymium metal remains scarce; please exercise caution when using this information for reference.

Today, the overall rare earth market continued its volatile pattern; mainstream quotes for praseodymium-neodymium oxide saw a significant downward adjustment, and the market trading atmosphere trended toward quietness. The market for medium-to-heavy rare earths performed relatively steadily; the supply of low-priced material available for sale remained scarce, and quotes generally held firm. Downstream magnetic material manufacturers maintained a pace of inventory replenishment driven by immediate necessities, while end-users continued to adopt a wait-and-see stance; their willingness to engage in bulk purchasing remained weak, with most transactions consisting of small-volume, on-demand orders. Nevertheless, overall market trading confidence remains robust, supported by solid industry fundamentals, and the steady, positive medium-to-long-term market trajectory remains unchanged.

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