（1） Weekly Review
The rare earth waste market is currently experiencing an increase in bearish sentiment, with industry companies mainly maintaining low quotations and watching the market. Enquiries are relatively scarce, and there are not many active quotes in the market. The focus of transactions has shifted downward.
At the beginning of the week, with the influence of market news, the rare earth market saw a full rise, followed by a cliff like decline, with low transaction prices constantly refreshing. Industry companies have a strong bearish sentiment, with limited procurement, low metal demand, and very few inquiries. As the weekend approaches, the market atmosphere is still in a sluggish state, with a focus on watching the market and a spread of pessimism among companies. The market transaction performance this week is average, At present, praseodymium neodymium oxide is quoted at around 508000 yuan/ton, and praseodymium neodymium metal is quoted at around 625000 yuan/ton.
In terms of medium and heavy rare earths, the market is mainly weak, with a significant decline in the dysprosium and terbium market. The overall market transaction is light, and prices continue to decline. Trade enterprises have actively increased their orders, and downstream procurement is not high. The market transaction situation is relatively stagnant. Currently, the main heavy rare earth quotations are: 2.58-2.6 million yuan/ton of dysprosium oxide and 2.53-2.56 million yuan/ton of dysprosium iron; 7.75-7.8 million yuan/ton of terbium oxide and 9.9-10 million yuan/ton of metallic terbium; 55-560000 yuan/ton of holmium oxide, 56-570000 yuan/ton of holmium iron; Gadolinium oxide is 268-27300 yuan/ton, gadolinium iron is 255-26500 yuan/ton.
（2） Aftermarket analysis
Under the influence of recent market policy news, leading enterprises mostly hold a stable view, and under the influence of the market atmosphere, there may still be expectations of a short-term decline in the rare earth market.
Post time: Nov-13-2023