Rare earth market update on January 5, 2026
The domestic rare earth market overall remained temporarily stable for the time being. Amid the interplay of bullish and bearish factors, negotiation atmosphere between buyers and sellers was slightly stalemated, with small amplitude in product price fluctuations and limited new orders. Today, praseodymium-neodymium metal, gadolinium oxide, and holmium oxide prices were approximately RMB 740,000/ton, RMB 161,000/ton, and RMB 494,000/ton respectively.
From the bullish factors perspective, first, affected by stricter environmental policies, greater production difficulty coefficients, long-term weak downstream demand, and higher energy prices, some rare earth manufacturers have reduced output; second, against the background of good development in rare earth downstream industries and relatively strong production cost support, suppliers have low willingness to reduce prices for shipments. From the bearish factors perspective, affected by tight funding for many downstream rare earth enterprises and large number of long-term agreement orders, market inquiry activity was low; combined with insufficient confidence among industry players in the future market, rare earth prices were more difficult to rise.
On the news front, recently the "Rare Earth Solid-State Hydrogen Storage - Hydrogen Recovery System" independently developed by the Baotou Research Institute of Rare Earths has successfully achieved demonstration application in ton-level NdFeB hydrogen crushing industry. This is the first time in China that rare earth solid-state hydrogen storage technology has been used to achieve efficient hydrogen recovery and reuse in large-scale NdFeB hydrogen crushing, marking an important progress in China's rare earth solid-state hydrogen storage technology in efficient hydrogen energy utilization.
Price of rare earth products on January 5, 2026
Images of neodymium oxide
