Rare earth market update on January 14, 2026
The domestic rare earth market overall maintained a relatively strong operation, mainly reflected in varying degrees of price increases for most products, with praseodymium-neodymium oxide, praseodymium-neodymium metal, and gadolinium oxide prices increased by approximately RMB 7,000/ton, RMB 5,000/ton, and RMB 9,000/ton respectively.
In the light rare earth market, affected by tightening spot market supply and the increase in Northern Rare Earth's rare earth concentrate transaction price for the first quarter of this year, suppliers generally raised quotations, but the increase amplitude has narrowed somewhat, so traders still need to maintain cautious operations. In the medium and heavy rare earth market, the overall pattern was mixed rises and falls. With low downstream buying interest and limited bullish support, dysprosium-terbium prices operated weakly; however, driven by the upward movement in praseodymium-neodymium prices, gadolinium and holmium prices saw some increases.
On the news front, data from the National Bureau of Statistics show that in December 2025, national producer prices for industrial products decreased by 1.9% year-on-year, with the decline narrowed by 0.3 percentage points compared to the previous month; increased by 0.2% month-on-month, with the increase expanded by 0.1 percentage points compared to the previous month. Industrial producer purchase prices decreased by 2.1% year-on-year, with the decline narrowed by 0.4 percentage points compared to the previous month; increased by 0.4% month-on-month, with the increase expanded by 0.3 percentage points compared to the previous month. For the full year of 2025, producer prices for industrial products decreased by 2.6%, and industrial producer purchase prices decreased by 3.0%.
Price of rare earth products on January 14, 2026
Images of erbium oxide
