Rare Earth Prices Diverge; Upstream Holds Prices Firm, Downstream Waits and Sees [SMM Rare Earth Daily]

[SMM Rare Earth Daily Review: Rare Earth Prices Diverge as Upstream Holds Prices Firm and Downstream Waits and Sees] Overall, the Pr-Nd market saw a trading stalemate due to insufficient new orders from the downstream, while the upstream showed a strong willingness to hold prices firm; by contrast, the dysprosium and holmium markets witnessed suppliers raise quotations as low-priced supply dwindled. In the short term, influenced by the upstream’s price-holding sentiment, Pr-Nd product prices are expected to drift higher.

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