On June 5, 2025, during the Foreign Ministry's regular press conference, a Japanese media reporter raised concerns about reports that China’s rare earth export controls have delayed automotive parts procurement, leading Suzuki to suspend production of its main compact models in Japan—a first for the country. Foreign Ministry spokesperson Lin Jian responded that China’s export control measures align with international norms, are non-discriminatory, and not targeted at any specific country. He suggested directing specific inquiries to the relevant Chinese authorities.

Rare earth market update on June 11, 2025

The domestic rare earth market is maintaining a stable operation, primarily reflected in product prices fluctuating within a narrow range, traders largely adhering to rigid transactions, and moderate trading volumes. Today, praseodymium-neodymium oxide, erbium oxide, and dysprosium-iron alloy prices are stabilizing at approximately 449,000 yuan/ton, 305,000 yuan/ton, and 1,610,000 yuan/ton, respectively.

Rare earth market update on June 10, 2025

The domestic rare earth market is exhibiting a steady yet slightly upward trend, with many suppliers slightly raising their quotes.

Rare earth market update on June 9, 2025

At the beginning of the week, the domestic rare earth market maintained a generally strong performance, primarily reflected in the continued rise of product prices and an increase in new orders.

Rare earth market update on June 6, 2025

This week, the domestic rare earth market exhibited a pattern of high prices with low trading volume. Factors such as strong production cost support, continued tight overseas rare earth supply, limited imports of rare earth products in China, and reduced output in some regions have led suppliers to slightly raise their quotes. However, due to low inquiry and purchasing enthusiasm from downstream users, market transaction volumes remain limited.

Rare earth market update on June 5, 2025

The domestic rare earth market is showing a narrow range oscillation, with a slightly stagnant negotiation atmosphere among traders due to limited downstream buying interest and a slowdown in the growth of spot supply.

Rare earth market update on June 4, 2025

The domestic rare earth market is maintaining a stable, sideways trend, with a subdued trading atmosphere due to low downstream demand and suppliers' reluctance to lower prices, resulting in limited new orders.

Rare earth market update on June 3, 2025

The domestic rare earth prices are showing a tentative upward trend, with neodymium oxide, praseodymium-neodymium metal, and terbium oxide prices rising by approximately 6,000 yuan/ton, 4,000 yuan/ton, and 30 yuan/kg, respectively.

Rare earth market update on May 29, 2025

The domestic rare earth market is maintaining a generally weak performance, with a mix of bullish and bearish factors creating a somewhat stalemated negotiation atmosphere between buyers and sellers.

Rare earth market update on May 28, 2025

The domestic rare earth market remains generally stable. With most traders focusing on rigid transactions, overall market activity is relatively subdued, and the prices of mainstream light and heavy rare earth products have shown no significant fluctuations.