Rare Earth Prices Show Divergence, Tug-of-War Between Upstream and Downstream Continues [SMM Rare Earth Daily Review]

[SMM Rare Earth Daily Review: Rare Earth Prices Diverge, Tug-of-War Between Upstream and Downstream Continues] Overall, affected by the intense tug-of-war between upstream and downstream, oxide market prices exhibited notable fluctuations, while the metal market, due to slightly sluggish inquiries, saw suppliers’ quotes remain relatively firm without obvious adjustments. In the short term, production cuts or shutdowns at some raw ore separation and scrap recycling plants are expected to weaken oxide suppliers’ willingness to sell at low prices, which may push Pr-Nd product prices to drift higher amid consolidation.

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