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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. From the perspective of positive factors: First, downstream manufacturing enterprises…

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. Among them, the prices of praseodymium oxide, terbium oxide, and dysprosium oxide stabilized at approximately 464,000 yuan/ton, 6,650 yuan/kg, and 1,720,000 yuan/ton, respectively. According to China Tungsten Online,…

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…

Recently, Northern Rare Earth issued an announcement stating that, to further enhance the quality and efficiency of its technological achievements transformation, improve the allocation efficiency of scientific and technological resources, and strengthen its innovation capabilities, the company plans to invest 73.3645 million yuan to implement the Wet Smelting and Inorganic Functional Materials Pilot Base Construction Project. According to the announcement, the project will be located within the premises of the Northern Rare Earth Smelting Branch; it will cover a total…

Molybdenum market update on March 14, 2025 This week, the domestic molybdenum market has continued to exhibit a relentless downward trend, with the decline in prices of numerous molybdenum products slightly larger than last week. The price of molybdenum concentrate, for instance, has dropped from approximately 3,480 yuan/ton-degree to around 3,350 yuan/ton-degree. This is primarily attributed to strong downward pressure from steel companies on molybdenum iron prices, recent fluctuations and declines in international molybdenum prices, and a heightened willingness among…

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. According to China Tungsten Online, the price of praseodymium-neodymium oxide has risen by approximately 4,000 yuan/ton compared to last week, an increase of 0.90%; the price of praseodymium-neodymium metal has increased by about 5,000 yuan/ton,…

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. This has made it difficult for product prices to rise or fall significantly, while transaction volumes remain limited. Today, the prices of praseodymium oxide, gadolinium oxide, and dysprosium oxide are consolidating around 464,000 yuan/ton, 167,000 yuan/ton, and 1,720,000 yuan/ton, respectively. From…

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. Today, the prices of praseodymium-neodymium oxide, praseodymium-neodymium metal, and gadolinium oxide have increased by approximately 2,000 yuan/ton, 1,000 yuan/ton, and 1,000 yuan/ton, respectively. Notably, in…

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. As a result, many suppliers have slightly raised their quotations. Today, the prices of praseodymium-neodymium oxide, praseodymium-neodymium metal, and terbium oxide have increased by approximately 2,000 yuan/ton, 3,000 yuan/ton,…