Rare earth market update on October 27, 2025
The domestic rare earth market presented a general downward trend on Monday, primarily attributed to weak downstream demand, insufficient supplier confidence in maintaining prices, and heightened concerns among industry players about future prospects. Today, the prices of neodymium oxide, terbium oxide, and dysprosium-iron alloy decreased by approximately RMB 13,000 per ton, RMB 70,000 per ton, and RMB 50,000 per ton, respectively. Amid the recent continuous decline in raw material prices, the prices of rare earth permanent magnet materials and their scrap have also experienced a certain degree of decline, with the 55N neodymium-iron-boron blank price decreasing by approximately RMB 5 per kilogram and neodymium-iron-boron scrap (dysprosium) price decreasing by approximately RMB 23 per kilogram. However, it is noteworthy that the recent significant price drop has forced some suppliers to heighten their profit awareness, combined with the positive development trends in emerging industries, providing certain support to the market. Consequently, the downward space for rare earth product prices in the future may narrow.
In terms of news, Zhenghai Magnetic Materials reported a third-quarter 2025 revenue of RMB 1.916 billion, increased by 50.76% year-on-year; net profit attributable to shareholders of the parent company (NPASP) of RMB 115 million, increased by 189.72% year-on-year; non-recurring profit and loss-adjusted net profit of RMB 108 million, increased by 165.39% year-on-year; basic earnings per share of RMB 0.13, increased by 160.00% year-on-year; and as of the end of the reporting period, total assets of RMB 8.7438 billion, decreased by 0.37% year-on-year.
Price of rare earth products on October 27, 2025
Erbium oxide picture
