Market Overview in Week 11, 2025:
- Market Stability with Price Growth:
- The rare earth market has maintained overall stability this week, with healthy market activity.
- Suppliers are showing strong willingness to ship, but low-priced inventory is scarce, leading to a slight increase in rare earth prices compared to the previous week.
- Supply Chain Pressures:
- According to Shanghai Nonferrous Metals, the resumption of Myanmar ore imports is unlikely in the short term, maintaining tightness in rare earth raw material supply. This is particularly impacting medium and heavy rare earths.
- Dysprosium oxide is quoted at RMB 1,702,000/ton, and terbium oxide is quoted at RMB 6,602,500/ton, representing year-to-date increases of 5.7% and 18.3%, respectively. Gadolinium oxide and holmium oxide have also seen significant price increases.
- Stricter rare earth mining management in China has led to downward revisions of domestic rare earth production forecasts, suggesting long-term supply tightness for rare earth raw materials in 2025.
- Demand-Side Challenges:
- Global trade growth has slowed, and external uncertainties are significantly impacting China's external economic cycle, placing increased pressure on rare earth end-use industries.
- As cost pressures rise, large magnetic material manufacturers are entering the low-end product market, and small and medium-sized magnetic material manufacturers are becoming more cautious. This has resulted in limited growth in rare earth procurement despite sufficient rare earth magnetic material orders.
- Recent Market Activity:Key Rare Earth Price Movements:
- Recent concentrated bidding and procurement by major downstream manufacturers, with positive transaction results and prices, have positively impacted the rare earth market.
- The scrap market has seen reduced activity, with slower price quotations and increased shipments.
- Praseodymium-neodymium and cerium products are actively traded, with overall stable to rising prices. Terbium oxide prices continue to increase, and gadolinium product prices have risen significantly this week, while dysprosium product activity has decreased, and prices have remained stable.
Rare Earth Price Table:
| Product | Price (RMB/ton) | Weekly Change (RMB/ton) |
|---|---|---|
| Lanthanum Oxide | 4,300 | -100 |
| Cerium Oxide | 13,100 | 200 |
| Lanthanum Cerium Metal | 17,500 | 100 |
| Praseodymium Neodymium Oxide | 444,800 | 2,000 |
| Neodymium Metal | 564,000 | 1,300 |
| Praseodymium Neodymium Metal | 545,000 | 3,200 |
| Dysprosium Oxide | 1,702,000 | -500 |
| Terbium Oxide | 6,602,500 | 77,500 |
| Gadolinium Oxide | 168,300 | 3,700 |
| Holmium Oxide | 465,000 | 1,600 |
Industry News:
- Automotive Industry Performance:
- In February 2025, China's automobile production and sales reached 2,103,000 and 2,129,000 units, respectively, representing year-on-year increases of 39.6% and 34.4%.
- New energy vehicle (NEV) production and sales reached 888,000 and 892,000 units, respectively, representing year-on-year increases of 91.5% and 87.1%.
- Northern Rare Earth Investment:
- Northern Rare Earth (600111) announced plans to invest RMB 73.3645 million in a wet smelting and inorganic functional materials pilot base project.
- The project is scheduled to begin construction in June 2025 and be completed in May 2026.
- South Korea-Mongolia Cooperation:
- South Korea and Mongolia have agreed to strengthen cooperation in rare metal and other critical mineral supply chains.
- The two countries held the second Rare Metal Cooperation Committee meeting, following up on the 2023 rare metal supply cooperation agreement.
- This cooperation will help Mongolia develop its mineral resources and ensure South Korea's supply chain stability.
To get free samples of rare earth raw material or for more information welcome to contact us
Sales@shxlchem.com; Delia@shxlchem.com
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Post time: Mar-15-2025