Rare Earth Market Update - April 8, 2025

Rare earth market update on April 8, 2025

The overall trend of domestic rare earth price in China has shown no significant change for the time being.

Amid the interplay of bullish and bearish factors, traders are predominantly adopting a wait-and-see attitude, resulting in low market enthusiasm and limited new orders. Currently, industry participants are primarily focused on the issuance of the first batch of rare earth mining quotas for this year and the trends in overseas rare earth markets.

From a bullish perspective, two factors stand out: First, the implementation of export controls on medium and heavy rare earths is expected to drive up overseas rare earth prices, which could, in turn, boost domestic prices. Second, the continued restrictions on rare earth imports from Myanmar are likely to hinder an increase in spot supply within the Chinese market. On the bearish side, two factors weigh in: First, the complex and volatile global economic situation, coupled with limited liquidity, has dampened the enthusiasm of downstream users for inquiries and purchases. Second, on April 2, the United States announced a 34% reciprocal tariff on China goods, which may negatively impact the export volume of China rare earths.

Price of rare earth products on April 8, 2025

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