Commodity Market Report
Global rare earths short-term outlook September 2024
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Report summary
The price rebound for key magnet rare earths was sustained in September, indicating improved demand from downstream magnet sectors. Additionally, tighter spot supplies, lower inventories, and a recovery in consumer demand after China’s mid-autumn festival are likely to support the upward momentum for the rest of the year. Growing investments from Europe, APAC and Africa, combined with increased EV penetration in China, further support the development of rare earth supply chains.
Table of contents
- Prices
- Demand
- Supply
- Trade
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