Rare earth market update on March 27, 2025

The overall performance of the domestic rare earth market remains lackluster. As positive factors gradually diminish, the consumer market is slowly shifting from being seller-driven to buyer-driven. This is primarily reflected in the varying degrees of price declines for most products and the relatively low actual trading volumes. In the short term, industry players are closely monitoring whether Myanmar's rare earth mines can resume customs clearance and the issuance of the first batch of rare earth mining quotas for this year.

Rare earth market update on March 26, 2025

The overall trend of the domestic rare earth market remains weak, mainly reflected in the following aspects: the prices of mainstream rare earth products have experienced varying degrees of decline; suppliers lack confidence in stabilizing market prices, making it difficult to form an effective price-supporting force; downstream demand is sluggish, with low inquiry activity and limited new order volumes. 

Rare earth market update on March 25, 2025

The domestic rare earth market has shown a relatively subdued overall performance, primarily reflected in the stable prices of praseodymium, neodymium, dysprosium, and terbium products with no significant fluctuations and relatively stable trading volumes.

Rare earth market update on March 24, 2025

The overall domestic rare earth market is generally normal, mainly due to the low willingness of suppliers to reduce prices and the difficulty of downstream users to improve their rigid purchasing status.

Rare earth market update on March 21, 2025

This week, the domestic rare earth market has generally maintained a stable trend, with no significant changes in product prices and moderate transaction volumes.

According to the Baotou Industry and Information Bureau, from January to February 2025, the industrial added value of large-scale enterprises in Baotou City grew by 16.0% year-on-year, an acceleration of 1.7 percentage points compared to the full year of the previous year. This growth rate exceeded the national average (5.9%) by 10.1 percentage points and the Inner Mongolia regional average (5.8%) by 10.2 percentage points, marking 54 consecutive months of double-digit growth.

According to the Baotou Industry and Information Bureau, from January to February 2025, the industrial added value of large-scale enterprises in Inner Mongolia grew by 5.8% year-on-year. By major industry categories, the mining sector saw a 2.5% increase in added value, manufacturing grew by 10.3%, and the production and supply of electricity, heat, gas, and water rose by 7.1%. In terms of specific products, raw coal output reached 207 million tons, up 2.0%; power generation totaled 135.98 billion kilowatt-hours, up 1.2%. Notably, renewable energy generation amounted to 41.35 billion kilowatt-hours, surging by 35.5%, while the production of monocrystalline silicon, polycrystalline silicon, and rare earth compounds increased by 43.5%, 47.8%, and 9.5%, respectively.

Recently, an enterprise in Baotou City achieved large-scale production with its "Rare Earth Magnetic Overtaking Clutch First-Unit Industrialization Project." Leveraging an advanced structural design, this project has increased the average service life of overtaking clutches in planetary gearboxes of domestic loaders by more than 2,000 hours. The product's low cost and extended lifespan have disrupted the long-standing monopoly of imported fixed-shaft gearboxes from abroad.

Rare earth market update on March 20, 2025

The domestic rare earth market has generally maintained stable operation. On one hand, downstream users show low buying interest, and market demand lacks momentum; on the other hand, the positive supporting factors from earlier periods are gradually fading.

Rare earth market update on March 19, 2025

The domestic rare earth market has generally maintained stable operations, primarily reflected in traders sticking to rigid transactions, with product price showing no significant changes.