Rare Earth Market Weekly Report, Week 7, 2025 The price center of gravity moves upward, and the market’s rigid demand and wait-and-see attitude coexist

Abstract

Prices of mainstream rare earth products have stabilized after rising, and the overall market is cautious; the price of raw materials is firm, and a small amount of goods are sold at high prices, providing certain support for raw material prices; the order volume of the application end has increased, but in the face of cost pressure, the acceptance of high-priced sources is limited, and the overall focus is on consuming inventory and just-in-time purchases; At present, the atmosphere of upstream and downstream competition in the rare earth market is strong, and the transaction volume of various mainstream products is still limited.

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Summary of this week's rare earth spot market

This week, the overall rare earth market showed a trend of rising first and then stabilizing; on Monday, due to the news of the bidding of large magnetic material enterprises, the transaction price of praseodymium neodymium products rose further, but the price rose too fast, and the market sentiment returned to calm. Although the price of raw materials continued to be strong, the wait-and-see sentiment of application enterprises gradually increased, the transaction volume decreased, the price was weak, and the market supply and demand game intensified. In the oxide market, the Spring Festival holiday just passed, the capacity release of separation enterprises has not fully returned to normal, and the Myanmar mines are affected by the closure, the market spot supply is tightened. Although the transaction volume of various products has decreased due to the rapid price increase, the overall transaction price has moved up; cerium oxide is still in short supply, and the order delivery period is more than one month. In the metal market, metal enterprises are affected by the rise in oxide prices, the cost increases, and the sales pressure of metal products is further expanded. For locked orders, sales are mainly long-term contracts; the increase in orders for metal cerium production is obvious, and production has basically been scheduled until after mid-March. In the waste market, the rare earth waste market has recently been affected by the price increase, and the activity has increased. The recycling volume has gradually increased. The waste price has risen with the market, and the low-priced supply has been tightened simultaneously. In the magnetic material market, magnetic material companies currently have sufficient orders, and the operating rate of large magnetic material companies has basically remained above 80%. The demand for raw materials has increased accordingly, but they are facing the pressure of price increases. The gross product cost is seriously inverted, and the purchase of raw materials is on the sidelines. At present, the rare earth market still continues to have a pattern of oversupply, and the future trend will depend on multiple factors such as the domestic and foreign economic situation, policy adjustments, and changes in supply and demand. In the face of severe market conditions and changes, companies should actively adjust their production and sales strategies, and through technological innovation, increase the added value of products, reduce costs and increase efficiency, and other measures to effectively increase corporate profits and actively promote the stable and positive development of the rare earth industry.

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Price changes of mainstream rare earth products