Rare Earth Prices - July 7, 2025

Rare earth market update on July 7, 2025

On July 7, 2025, the domestic rare earth prices have experienced a slight upward shift. 

Praseodymium-neodymium metal prices have increased by approximately 4,000 yuan/ton, gadolinium oxide by about 1,000 yuan/ton, and dysprosium oxide by around 20,000 yuan/ton. On the supply side, despite reduced output from some rare earth manufacturers due to lower current prices, stricter environmental policies, and high energy costs, the market’s spot supply remains somewhat loose due to persistently weak downstream demand. On the demand side, buyers are maintaining a rigid procurement pace, predominantly adopting a wait-and-see approach.

In related news, according to the National Bureau of Statistics, the manufacturing Purchasing Managers' Index (PMI) for June 2025 was 49.7%, increased by 0.2 percentage points from the previous month, indicating continued improvement in manufacturing sentiment. Among the five indices comprising the PMI, the production index, new orders index, and supplier delivery time index were above the critical point, while the raw material inventory index and employment index were below it. Specifically, the production index was 51.0%, increased by 0.3 percentage points; the new orders index was 50.2%, increased by 0.4 percentage points; and the raw material inventory index was 48.0%, increased by 0.6 percentage points.

Price of rare earth products on July 7, 2025

Neodymium oxide picture

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