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Rare Earth Market Update 2024 #11: Decline - Returns to April Levels, Chinese Index Hits Ceiling

The rare earth market from late May to early June 2024 has been on a downward trend. Amid the persistent uncertainty regarding the future of China's economy, the rare earth index in China has hit a ceiling, leading to a gradual decline in prices. With a lack of new developments, the market has shown significant stagnation since the beginning of June.
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