Rare Earth Prices Edge Lower Amid Strong Market Wait-and-See Sentiment
Currently, rare earth market prices have shown a slight weakening. In the praseodymium-neodymium (Pr-Nd) market, although some metal companies have proactively lowered prices to sell, the overall trading activity has not improved significantly.
Today, rare earth market prices experienced a minor decline. Specifically,
in the oxide market:
- Pr-Nd oxide prices fell to 505,000 – 507,000 RMB/ton
- Dysprosium oxide prices decreased to 1.58 – 1.62 million RMB/ton
- Terbium oxide prices dropped to 6.8 – 6.85 million RMB/ton
- Gadolinium oxide prices moved down to 158,000 – 162,000 RMB/ton
- Holmium oxide prices declined to 500,000 – 505,000 RMB/ton
- Erbium oxide prices continued fluctuating within the 336,000 – 338,000 RMB/ton range
In the metal market:
- Pr-Nd metal prices decreased to 612,000 – 618,000 RMB/ton
- Dysprosium-iron alloy prices fell to 1.53 – 1.55 million RMB/ton
- Terbium metal quotes dropped to 8.45 – 8.5 million RMB/ton
- Gadolinium-iron alloy prices moved down to 156,000 – 158,000 RMB/ton
- Holmium-iron market prices declined to 505,000 – 510,000 RMB/ton
- Lanthanum-cerium metal prices remained stable between 17,000 – 19,000 RMB/ton
Currently, rare earth market prices show a slight weakening. In the Pr-Nd market, despite some metal companies proactively reducing prices to encourage sales, the overall transaction activity has not significantly improved. Downstream magnet manufacturers generally maintain a wait-and-see attitude, purchasing only for essential inventory replenishment. Due to cost inversion, metal companies have low acceptance for high-priced oxides, leading to a slight decrease in Pr-Nd oxide prices. The medium and heavy rare earth market is also operating on a weaker trend. Weak downstream demand has resulted in traders lacking confidence in future prices, prompting them to actively sell at lower prices, which further depresses market prices. Overall, market inquiries are currently scarce, and purchases from downstream companies are primarily driven by rigid demand, leading to a slight downward trend in rare earth prices. In the short term, given the current trading conditions, rare earth prices are expected to continue fluctuating at low levels.
Post time: Oct-23-2025