Rare earth market update on January 8, 2026
The domestic rare earth market overall showed a general upward trend, with praseodymium-neodymium oxide prices increased by approximately RMB 9,000/ton, praseodymium-neodymium metal prices increased by approximately RMB 15,000/ton, terbium oxide prices increased by approximately RMB 80,000/ton, and holmium oxide prices increased by approximately RMB 3,000/ton. Driven by rising raw material prices, prices of rare earth permanent magnet materials and their scrap also rose, such as 52M neodymium-iron-boron blank block prices increased by approximately RMB 2/kg and neodymium-iron-boron scrap (terbium) prices increased by approximately RMB 200/kg.
According to CTIA GROUP LTD, the main reasons for this round of rare earth price increases are: first, China strengthened export controls on dual-use items to Japan, further highlighting the status of strategic metals and raising suppliers' reluctance to sell while holding bullish sentiment; second, with the approaching Spring Festival holiday, downstream users showed increased initiative in stockpiling; third, compared to mid-August, current dysprosium-terbium prices are in a low range, and holders have low willingness to actively reduce prices for shipments to avoid cost-revenue inversion risks.
Price of rare earth products on January 8, 2026
Images of neodymium oxide
