Rare earth market update on November 18, 2025
Domestic rare earth prices have been fluctuating within a narrow range overall. Specifically, praseodymium-neodymium metal, gadolinium oxide, and holmium oxide prices have been consolidating around RMB 670,000/ton, RMB 161,000/ton, and RMB 500,000/ton, respectively. According to CTIA GROUP LTD, in the short term, market trading sentiment remains subdued due to weak downstream purchasing interest and limited willingness among suppliers to cut prices for shipments, resulting in few new orders. However, in the long run, the promising development prospects of downstream rare earth applications—such as robotics, new energy vehicles, and smart home appliances—are expected to drive increased demand for rare earth functional materials, thereby providing support for future price increases.
Customs data show that from January to October 2025: China’s cumulative rare earth imports totaled 85,890.3 tonnes, decreased by 23.3% year-on-year; import value reached RMB 10.34 billion, increased by 7.9% year-on-year. Cumulative rare earth exports totaled 52,699.2 tonnes, increased by 10.5% year-on-year; export value was RMB 2.86 billion, decreased by 2.2% year-on-year. In October alone: Rare earth imports were 6,991.0 tonnes, increased by 1.84% month-on-month but decreased by 26.19% year-on-year; import value was RMB 900 million, decreased by 10.00% month-on-month but increased by 5.88% year-on-year. Rare earth exports were 4,343.5 tonnes, increased by 8.58% month-on-month but decreased by 8.62% year-on-year; export value was RMB 400 million, decreased by 6.98% month-on-month but increased by 42.86% year-on-year.
Price of rare earth products on November 18, 2025
Images of neodymium oxide
