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.

Rare earth market update on March 18, 2025

The domestic rare earth market has maintained an overall stable operating trend. The interplay of bullish and bearish factors has made it difficult for buyers and sellers to reach a high degree of consensus during negotiations, resulting in product prices lacking momentum for significant increases while also being resistant to substantial declines. At the same time, order growth has been relatively slow.

Rare earth market update on March 17, 2025

At the beginning of the week, the domestic rare earth market in China maintained a stable trend overall. With downstream users generally sticking to just-in-time procurement and the growth rate of spot supply in the market remaining moderate, product prices showed no significant changes.

Recently, according to a report from the Baotou City Industry and Information Technology Bureau, in February 2025, among the 36 key industrial products monitored in Baotou City, 19 products, including aluminum, copper, and neodymium metal, saw price increases month-on-month, while 2 products, such as monocrystalline silicon and photovoltaic modules, maintained stable prices, and 15 products, including pig iron, polypropylene, and magnesium, experienced price declines. Year-on-year, 11 products, such as aluminum, hydrogen fluoride, and praseodymium-neodymium metal, recorded price increases, while 25 products, including rebar, polypropylene, and magnesium, saw price decreases.

Rare earth market update on March 14, 2025

This week, the domestic rare earth market has shown an overall slight upward trend, primarily due to the difficulty in increasing spot supply in the market and a heightened enthusiasm for inquiries and procurement from downstream users.

Rare earth market update on March 13, 2025

The domestic rare earth market has generally maintained a sideways trend, with traders sticking to rigid transactions amid a relatively balanced supply-demand relationship and the complex and volatile global economic backdrop.

Rare earth market update on March 12, 2025

The overall situation of the domestic rare earth market remains relatively favorable, primarily reflected in the continued upward trend of prices for various rare earth raw materials, strong inquiry and procurement enthusiasm from downstream users, and a prevalent reluctance among suppliers to sell due to bullish expectations.

Rare earth market update on March 11, 2025

Domestic rare earth price is fluctuating within a reasonable range, influenced by factors such as tightening spot supply of raw materials, a slight increase in inquiries from downstream users, strong support from production costs, and promising development prospects for downstream rare earth industries.