Rare earth market update on January 7, 2026
The domestic rare earth market overall remained relatively quiet. Amid the interplay of bullish and bearish factors, negotiation atmosphere between buyers and sellers was slightly stalemated, with price trends of mainstream light and heavy rare earth products showing some divergence and low market transaction volume. In the light rare earth market, praseodymium-neodymium prices were stable with a slight decline, mainly attributed to the obvious price increase in praseodymium-neodymium at the end of December last year, while downstream demand followed up slowly; from December 22 to 31, 2025, praseodymium-neodymium oxide and praseodymium-neodymium metal prices increased by approximately 5.27% and 5.41% respectively.
In the medium and heavy rare earth market, against the background of relatively strong production cost support and increased downstream inquiries, dysprosium-terbium prices showed signs of stopping the decline and rebounding. Today, terbium oxide, holmium oxide, and dysprosium oxide prices increased by approximately RMB 50,000/ton, RMB 3,000/ton, and RMB 10,000/ton respectively.
On the news front, the 2026 "Catalog of Dual-Use Items and Technologies Subject to Import and Export License Management" involves rare earth products and related technologies. Rare earth products include metal powders containing cerium metal or its alloys, items related to samarium, gadolinium, terbium, dysprosium, ytterbium, scandium, and yttrium, as well as crucibles manufactured from or coated with materials resistant to liquid actinide metals.
Price of rare earth products on January 7, 2026

Images of neodymium oxide
