REE in general had a bad day. prices were down for all oxides Metals and magnets. I keep saying supply is driving prices much more than demand. Others keep saying I am a fool that it is demand. Yet when XI asked production to shut down early for NY prices went up. China is back in full production and prices are dropping quickly.
Magnets dropped 5 RMB for the second time this month. They are now down about 3 % for this year.
NdPR price, page-1455
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