Rare earth market update on May 14, 2025
The domestic rare earth market is currently exhibiting a "high price, low transaction" pattern. Influenced by tariff policy changes, a strong overseas rare earth market, and limited imports of rare earth products in China, mainstream light and heavy rare earth suppliers have significantly raised their quotes. Today, prices for praseodymium-neodymium oxide, praseodymium-neodymium metal, terbium oxide, and dysprosium oxide have increased by approximately 15,000 yuan, 20,000 yuan, 180 yuan, and 30,000 yuan, respectively. Notably, driven by the recent rise in rare earth raw material prices, prices for rare earth permanent magnet materials and their scraps have also edged up, with 55N NdFeB blanks rising by about 1 yuan/kg and NdFeB dysprosium scrap by about 22 yuan/kg. From the demand side, downstream users show low enthusiasm for inquiries and purchases, resulting in limited actual transaction volumes, primarily due to high raw material prices and tight liquidity among buyers.
According to the National Bureau of Statistics, in April 2025, the national producer price index for industrial products fell by 2.7% year-on-year, while the purchase price index for industrial producers also dropped by 2.7%. Within the producer price index, mining industry prices declined by 9.4%, raw material industry prices by 3.6%, and processing industry prices by 2.3%. In the purchase price index, prices for ferrous metal materials fell by 6.7%, chemical raw materials by 4.1%, and building materials and non-metallic products by 1.4%, while prices for non-ferrous metal materials and wires rose by 8.5%.
Price of rare earth products on May 14, 2025
Neodymium oxide picture
