Rare earth market update on October 29, 2025
The domestic rare earth market is experiencing overall downward pressure, with praseodymium oxide, terbium oxide, and dysprosium-iron alloy prices decreasing by approximately RMB 10,000 per ton, RMB 150,000 per ton, and RMB 20,000 per ton, respectively. In this market environment, traders are adopting cautious wait-and-see strategies, resulting in a relatively subdued trading atmosphere.
From the supply side, although some rare earth manufacturers have voluntarily reduced output due to intensified environmental enforcement and crackdowns on illegal production, as well as high production costs, it remains difficult to offset the impact of prolonged weak downstream demand on the market, with spot inventory growth still relatively fast. From the demand side, short-term factors such as tight funding among downstream production enterprises and relatively ample raw material inventories have led to low transaction volumes. However, in the long term, the rapid development of emerging industries is expected to increase future demand for rare earth functional materials and raw materials.
Price of rare earth products on October 29, 2025
Neodymium oxide picture
