Rare earth market update on July 10, 2025
The domestic rare earth market exhibits localized stability with some small price adjustments. Dysprosium oxide prices have increased by approximately 20,000 yuan/ton, while neodymium-iron-boron (NdFeB) scrap (praseodymium-neodymium) prices have risen by about 5 yuan/kg. In the light rare earth market, overall conditions remain stable. Although the current period marks the traditional consumption season for rare earth permanent magnet materials, with downstream demand showing some release compared to earlier, the recent volatile price increases have led to stronger resistance from buyers toward high-priced goods, resulting in generally moderate transaction volumes. In the medium-heavy rare earth market, the situation is lukewarm. Supported by relatively strong production costs and high expectations for the future, suppliers maintain firm quotes, though downstream users’ inquiry and procurement enthusiasm has not met expectations.
In terms of news, Northern Rare Earth is projected to achieve a net profit attributable to shareholders of 900 million to 960 million yuan for the first half of 2025, an increase of 855 million to 915 million yuan compared to the same period last year, representing a year-on-year rise of 1882.54% to 2014.71%. The company also expects a non-GAAP net profit of 880 million to 940 million yuan, an increase of 865 million to 925 million yuan year-on-year, marking a rise of 5538.33% to 5922.76%.
Price of rare earth products on July 10, 2025
Cerium oxide picture
