Rare earth market update on October 17, 2025

This week, the domestic rare earth market is under overall pressure, with a mix of bullish and bearish factors leading to pergent price trends among mainstream light and heavy rare earth products: praseodymium-neodymium prices continue to decline steadily, while dysprosium-terbium prices oscillate within a narrow range.

According to customs data, from January to September 2025, China's cumulative rare earth imports were 78,898.4 tons, decreased by 23.0% year-on-year; the cumulative import value was 9.32 billion yuan, increased by 6.9% year-on-year; the cumulative rare earth exports were 48,355.7 tons, increased by 12.6% year-on-year; the cumulative export value was 2.45 billion yuan, decreased by 7.0% year-on-year. This indicates that in the first three quarters of this year, rare earth import volumes declined significantly year-on-year, but import values rose, suggesting that the average import price of rare earths in the first three quarters of this year was higher than in the same period last year. Rare earth export volumes increased year-on-year in the first three quarters, indicating that China's rare earth exports were not significantly affected by policies.

According to customs data, in September 2025, China's rare earth imports were 6,864.7 tons, increased by 36.73% month-on-month, decreased by 36.46% year-on-year; the import value was 1.0 billion yuan, increased by 26.58% month-on-month, decreased by 9.91% year-on-year; the rare earth exports were 4,000.3 tons, decreased by 30.93% month-on-month, increased by 4.32% year-on-year; the export value was 430 million yuan, increased by 10.26% month-on-month, increased by 95.45% year-on-year.

Rare earth market update on October 16, 2025

The domestic rare earth market continues to perform poorly, with prices of praseodymium-neodymium series products further declining, low enthusiasm among traders for market engagement, and slow growth in actual orders.

Rare earth market update on October 15, 2025

The domestic rare earth market overall continues to operate in a weak state, primarily characterized by differentiated price declines across numerous products, low enthusiasm among traders for market engagement, and limited actual transaction volumes.

A reporter asked: We noticed that MOFCOM issued two announcements on the morning of October 9th regarding strengthening export controls on rare earth-related items. Could you please provide more information on the relevant details?

Rare earth market update on October 14, 2025

The domestic rare earth market is experiencing a general downward trend, with neodymium oxide price decreasing by approximately 20,000 yuan per ton, praseodymium-neodymium metal price by approximately 15,000 yuan per ton, and terbium oxide price by approximately 30,000 yuan per ton.

Recently, Northern Rare Earth issued an announcement stating that, based on the rare earth concentrate pricing method and rare earth oxide prices in Q4 2025, the rare earth concentrate trading price for the fourth quarter of 2025 has been adjusted to 26,205 yuan per ton (tax-exclusive, dry basis, REO=50%), increased by 37.13% month-on-month, increased by 47.37% year-on-year; for every 1% increase or decrease in REO, the tax-exclusive price increases or decreases by 524.10 yuan per ton, increased by 37.13% month-on-month, increased by 47.37% year-on-year.

Northern Rare Earth is expected to achieve a net profit attributable to owners of the parent company of 1,510 million yuan to 1,570 million yuan in the first three quarters of 2025, an increase of 1,105 million yuan to 1,165 million yuan compared to the same period last year, representing an increase of 272.54% to 287.34% year-on-year. The net profit attributable to owners of the parent company, excluding non-recurring gains and losses, is projected to be 1,330 million yuan to 1,390 million yuan, an increase of 1,064 million yuan to 1,124 million yuan compared to the same period last year, representing an increase of 399.90% to 422.46% year-on-year.

Rare earth market update on October 13, 2025

On Monday, the domestic rare earth market overall performed poorly, with most rare earth products experiencing declines to varying degrees, low enthusiasm among traders for market engagement, and limited actual transaction volumes.