Rare earth market update on June 16, 2025

At the beginning of the week, the domestic rare earth market exhibited a weak trend, with limited supplier price concessions and lackluster downstream demand growth leading to a subdued trading atmosphere.

Rare earth market update on June 13, 2025

The domestic rare earth market is experiencing poor conditions, with most product prices continuing to decline. Praseodymium-neodymium metal, terbium oxide, and dysprosium-iron alloy prices have decreased by approximately 3,000 yuan/ton, 50 yuan/kg, and 10,000 yuan/ton, respectively.

Rare earth market update on June 12, 2025

The domestic rare earth market is maintaining a generally weak trend, with mainstream product prices declining to varying degrees.

According to a Global Times report citing Nikkei Asia, Japan plans to propose a comprehensive cooperation package with the U.S. during the fifth round of tariff negotiations, focusing on addressing disruptions to Chinese rare earth and U.S. liquefied natural gas (LNG) supply chains amid U.S.-China tensions. Japan aims to collaborate with the U.S. on this front.

Recently, some countries have expressed concerns over China’s export controls on medium and heavy rare earths. It must be emphasized that all parties should rationally and objectively view the legitimacy and necessity of China’s rare earth export controls, respecting China’s legitimate rights in managing its resources, and jointly uphold international economic order, peace, and security.

Recently, China announced new regulations to strengthen export controls on certain rare earth-related items, sparking widespread attention and varied interpretations. Some foreign media have labeled this move as a “diplomatic card” or “strategic weapon” in trade disputes. However, when viewed within the broader framework of global governance norms, China’s own industrial development needs, and international responsibilities, a more fair and rational conclusion emerges: this step reflects China’s proactive alignment with international practices, elevation of governance standards, and fulfillment of its responsibilities as a key supplier of critical minerals. Far from being a spontaneous “tactical countermeasure,” this policy is rooted in China’s deep need for sustainable industrial development and resonates with the global trend toward standardized management of strategic resources, ultimately aiming for their sustainable use and global co-prosperity.

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.