Rare earth market update on January 15, 2026
The domestic rare earth market as a whole shows a general upward trend, with the price of praseodymium-neodymium oxide increased by approximately RMB 30,000/ton, the price of praseodymium-neodymium metal increased by approximately RMB 35,000/ton, the price of gadolinium oxide increased by approximately RMB 7,000/ton, and the price of dysprosium oxide increased by approximately RMB 30,000/ton. Driven by the significant recent increases in the prices of raw materials such as praseodymium, neodymium, dysprosium, and terbium, the rare earth permanent magnet materials and their scrap market have also warmed up simultaneously, with the prices of 52M NdFeB blank squares and NdFeB scrap (terbium) increased by approximately RMB 12/kg and RMB 600/kg respectively.
According to information from CTIA GROUP LTD, this round of praseodymium-neodymium price increases is mainly due to the enhanced purchasing enthusiasm from downstream users and the relatively tight spot supply in the market. In this context, prices of medium and heavy rare earth products such as gadolinium, holmium, dysprosium, etc., have also followed suit and risen.
On the news side, on January 13, 2026, Foreign Ministry Spokesperson Mao Ning held a regular press conference. A reporter asked: Yesterday, the G7 finance ministers agreed to accelerate the reduction of rare earth imports from China to avoid over-reliance on China. What is China's comment on this? Foreign Ministry Spokesperson Mao Ning stated that China's position on maintaining the stability and security of the global supply chain for critical minerals remains unchanged. All parties have the responsibility to do so.
Price of rare earth products on January 15, 2026
Images of erbium oxide
