The market transaction is light, and the rare earth price tends to be weak and stable recently

According to the market performance in the past two days, analysts believe that the rare earth market will generally tend to be weak and stable in the near future. The transaction of light rare earth praseodymium neodymium series products is light. Affected by the epidemic situation and the general environment, the demand side is difficult to improve. The upstream separation enterprises are supported by the cost side and are not willing to fall deeply. The downstream demand is weak and the orders are insufficient, which makes it difficult to provide substantial support to the market. At present, the upstream and downstream emotions are somewhat deadlocked. Praseodymium neodymium oxide and praseodymium neodymium metal trade under pressure. The price of medium heavy rare earth dysprosium and terbium is weak and stable, the terminal demand of rare earth is weak, and the enthusiasm for inquiry of magnetic material enterprises is not high. Some small-scale magnetic material enterprises stop production due to poor order conditions. The operators lack confidence in the future market and are low in purchasing interest.

The overall wait-and-see atmosphere in the rare earth market is strong, and the enthusiasm for inquiry and purchase in the downstream has not increased. The operators have insufficient confidence in the future market and are more cautious.