Rare earth market update on June 20, 2025

This week, the domestic rare earth market exhibited a pattern of both rising and falling prices. Early in the week, limited downstream inquiries and relatively ample spot supplies for some products led many suppliers to slightly lower their quotes. However, nearing the weekend, bolstered by stronger production cost support and increased low-price procurement enthusiasm from downstream users, prices for certain products saw an uptick.

Rare earth market update on June 18, 2025

The domestic rare earth market is operating steadily, with a balanced supply-demand dynamic fostering a subdued trading atmosphere between buyers and sellers. Most rare earth product prices remain stable, while new order volumes are limited.

Rare earth market update on June 19, 2025

The domestic rare earth market continues to operate in a weak trend, with mainstream product prices experiencing varying degrees of decline, such as praseodymium-neodymium oxide dropping by approximately 2,000 yuan/ton, praseodymium-neodymium metal by about 5,000 yuan/ton, and terbium oxide by around 10 yuan/kg.

On June 14, China National Nuclear Corporation (CNNC) Qinshan Nuclear Power Plant achieved another breakthrough: Yttrium-90 (Y-90) glass microspheres irradiated in a heavy water reactor were successfully removed and passed all relevant inspections. This milestone marks China's elimination of its previous heavy reliance on imported Y-90 microspheres and establishes the nation as one of the few in the world capable of producing this cutting-edge medical product using a commercial nuclear reactor.