Rare earth market update on November 4, 2025
The domestic rare-earth market continues its strong recovery, with the price gravity of most mainstream products steadily shifting upward and suppliers holding back stock with robust bullish confidence. Terbium oxide jumped approximately RMB 50,000/ton, praseodymium-neodymium metal RMB 20,000/ton, and praseodymium-neodymium oxide RMB 13,000/ton. Riding the wave of soaring raw-material costs, rare-earth permanent-magnet materials and their scrap also rebounded: 55N NdFeB blank blocks rose about RMB 2/kg, while Pr-Nd-rich NdFeB scrap climbed RMB 5/kg. That said, downstream buyers remain cautious on high quotes, generating plenty of inquiries but very few actual deals at elevated levels.
Price of rare earth products on November 4, 2025
Neodymium oxide picture
