I also have no idea. I do know from 12 Jan/ to 9 FEBUARY The...

I also have no idea. I do know from 12 Jan/ to 9 FEBUARY The price was flat and I was sure that was a bottom. Then Prices fell at a high rate. Jan13 423 RMB, Feb 9 399, today 349. -13% in just 5.5 weeks. I also know from 2013 to 2020 price were at about this level. I will say in advance that demand has increased and inflation has increased but it is good to remember history. Also keep in mind that price do not need to rise 100 or even 200 RMB for Lynas to make a good profit they need to rise 350 to 450 RMB MIN to at least 800 RMB WV, That is not going to happen overnight. in 2022 they had great profits in the second half AU$ 384M, only $157M in first half. REE prices were Q3 1006 RMB . KG WV and Q4 928 RMB. SP was over Au$11.0. When do the go Lynas people think we will see those prices again? My guess is 2 or 3 years.

I like this chart because you can put your curser on a bar and see all the data. Prices are global not China spot prices.
Neodymium oxide price globally 2009-2030 | Statista

Q1 and Q2 is insufficient data to establish COP/ KT of REE. Too many other variables, there is a clear trend up. If this trend does not fall then Lynas needs much higher prices even if it levels off. Admin in the SAR went from AU$ 30.6 M to 39.9 M +30% YOY. SAR PG 17.

Here is a chart of REE and metal prices for this year. People like Weehawken can decide if it is time to cheer yet.