Adamas Updates REO Price Forecasts to 2035
Mag-REO Prices Adjusted Down for Near-Term
In October 2022, Adamas Intelligence updated its base case, upside and downside rare earth oxide price forecasts to 2035.
Following a strong Q1 performance, average magnet rare earth oxide prices softened in Q2 and Q3 2022, dragging YTD average prices below our expected levels for the year.
Overall, prices trended lower in Q2 and Q3 on weak demand from legacy automotive applications (due to ongoing microchip shortages), coupled with a worsening consumer confidence crisis in Europe, Asia and North America.
Looking forward, we believe the current market malaise will ease in the coming 6 to 18 months, steering prices back inline with our existing projections through the medium- to long-term.
The latest price forecasts are available to clients in our new “Rare Earth Pricing Quarterly Outlook” subscription-based report.
The quarterly report (next report January 2023) looks back on the rare earth market’s performance over the trailing three months, discusses the outlook for the coming three months, and details Adamas Intelligence’s latest near-term and long-term rare earth oxide price forecasts to 2035.
More Information: Rare Earth Pricing Quarterly Outlook
The ‘Rare Earth Pricing Quarterly Outlook’ subscription-based report looks back on the rare earth market’s performance over the trailing three months and details Adamas Intelligence’s latest near-term and long-term rare earth oxide (“REO”) price forecasts to 2035.
Back to overview