Rare earth market update on May 27, 2025

The domestic rare earth prices are generally fluctuating within a reasonable range, with neodymium oxide prices increasing by approximately 3,000 yuan/ton, terbium oxide prices rising by about 20 yuan/kg, and holmium oxide prices going up by around 2,000 yuan/ton.

Recently, according to the Jiangxi Development and Reform Commission website, among the 65 essential consumer goods monitored in Jiangxi, the average prices showed 28 increases, 27 decreases, and 10 unchanged month-on-month, while year-on-year, there were 23 increases, 39 decreases, and 3 unchanged. For industrial production data, steel prices slightly decreased, tungsten concentrate prices slightly increased, rare earth prices generally saw a slight increase, cement prices slightly decreased, and sand and gravel prices overall slightly decreased.

According to the Baotou Statistical Bulletin, from January to April 2025, the added value of industrial enterprises above the designated size in Baotou City increased by 13.1% year-on-year, surpassing the national (6.4%) and regional (6.1%) averages by 6.7 and 7 percentage points, respectively, marking 56 consecutive months of double-digit growth.

Recently, according to the Baotou Industry and Information Technology Bureau, in April 2025, among the 36 industrial products closely monitored in Baotou, month-on-month, the prices of 23 products, including rare earth carbonate, pig iron, A00 aluminum, and PVC, decreased, the price of monocrystalline silicon remained unchanged, and the prices of 12 products, including high wire, hydrogen fluoride, and cerium metal, increased. Year-on-year, the prices of 26 products, including hot-rolled coil, A00 aluminum, and lanthanum metal, decreased, while the prices of 10 products, including fluorite, hydrogen fluoride, and neodymium oxide, increased.