Rare Earth market Update - May 7, 2025

Rare earth market update on May 7, 2025

The domestic rare earth market in China maintains stable operation, with supply and demand in a relatively balanced state, leading to a somewhat stagnant negotiation atmosphere between buyers and sellers.

As a result, product prices show no significant changes, and transaction volumes remain limited. Today, quoted prices for praseodymium-neodymium oxide, terbium oxide, and dysprosium oxide are approximately 413,000 yuan/ton, 6,750 yuan/kg, and 1,600,000 yuan/ton, respectively.

On the supply side, despite rare earth mining and smelting companies maintaining a normal production pace, the market faces a temporary oversupply due to persistently weak downstream demand. On the demand side, with pre-holiday stockpiling by downstream enterprises largely completed and current rare earth raw material prices at a high level, market purchasing enthusiasm has slightly declined, and inquiry activity is limited.

Price of rare earth products on May 7, 2025

Picture of neodymium oxide

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