Prices of Rare Earths Remain Stable

Prices of Rare Earths Remain Stable

Currently, the rare earth market is operating with overall price stability. In the praseodymium-neodymium market, downstream magnetic material companies have slowed their pre-holiday restocking and procurement demand, leading to a decrease in overall inquiries in the metal market compared to before. Although high-price transactions are difficult to achieve, metal companies are generally unwilling to sell at lower prices, keeping the price of praseodymium-neodymium metal relatively stable.

Today, rare earth market prices are generally stable. Specifically, in the oxide market, the price of praseodymium-neodymium oxide remains stable at 575,000-578,000 yuan per ton, while the price of dysprosium oxide has adjusted down to 1.61-1.62 million yuan per ton. Terbium oxide prices are stable at 7.15-7.2 million yuan per ton, and gadolinium oxide prices remain steady at 168,000-170,000 yuan per ton. Holmium oxide prices are stable at 545,000-555,000 yuan per ton, and erbium oxide prices continue to fluctuate between 334,000-336,000 yuan per ton.

In the metal market, the price of praseodymium-neodymium metal is stable at 700,000-705,000 yuan per ton. Dysprosium-iron alloy prices remain steady at 1.56-1.57 million yuan per ton, terbium metal quotes are stable at 8.85-8.95 million yuan per ton, and gadolinium-iron alloy prices are firm at 165,000-170,000 yuan per ton. Holmium-iron market prices are stable at 560,000-570,000 yuan per ton, while lanthanum-cerium metal prices continue to hold steady between 17,000-19,000 yuan per ton.

Currently, the rare earth market is operating with overall price stability. In the praseodymium-neodymium market, downstream magnetic material companies have slowed their pre-holiday restocking and procurement demand, leading to a decrease in overall inquiries in the metal market compared to before. Although high-price transactions are difficult to achieve, metal companies are generally unwilling to sell at lower prices, keeping the price of praseodymium-neodymium metal relatively stable. The oxide market is similarly affected; due to weak restocking意愿 from metal companies, trading activity across the market is sluggish. Although some traders are selling at low prices to cash out, quotations from separation companies remain firm, and the price of praseodymium-neodymium oxide remains stable. As for the medium-to-heavy rare earth market, products including dysprosium and terbium are experiencing quiet market inquiries due to weak downstream demand, resulting in poor overall trading conditions and no significant price fluctuations. Overall, despite the recent reduction in procurement activities by downstream magnetic material companies, which has led to poor overall inquiry performance in the rare earth market, production companies are reluctant to reduce prices to sell, keeping rare earth prices generally stable. It is expected that in the short term, with the pre-holiday restocking window, rare earth prices may experience narrow fluctuations.