小金属、稀土永磁概念反复走强，有色ETF富国（159168）早盘一度涨超4%

Group 1 - The three major indices opened lower but quickly rebounded, with the Shanghai Composite Index turning positive first. Small metals and rare earth permanent magnet concepts showed strength against the trend [1] - The ETF for non-ferrous metals, FuGuo (159168), rose over 4% by 9:58 AM, with constituent stocks like Xiyegongye, Zhongtong High-tech, Xiamen Tungsten, and Jintong shares all experiencing significant gains, with no stocks declining [1] - Tungsten raw material prices have surged post-holiday, with tungsten powder exceeding 1800 yuan per kilogram. The price of praseodymium and neodymium increased by 40,000 yuan per ton to 1,080,000 yuan per ton, while praseodymium-neodymium oxide prices rose by 5,000 yuan per ton to 882,500 yuan per ton [1] Group 2 - The China Minmetals Import and Export Chamber recently announced a conference on rare earth and rare metal export policies scheduled for March 25, 2026. The meeting will include leaders from the Ministry of Commerce and the General Administration of Customs to discuss export policies and challenges faced by enterprises [1] - The non-ferrous metals ETF FuGuo (159168) closely tracks the Industrial Non-Ferrous Index (H11059.CSI) and selects 30 listed companies involved in copper, aluminum, rare earths, lead-zinc, tungsten, and molybdenum, focusing on "industrial metals" and is expected to benefit from growth dividends due to industrial upgrades [1]