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Rare Earth market Update – May 7, 2025

Rare earth market update on May 7, 2025

The domestic rare earth market in China maintains stable operation, with supply and demand in a relatively balanced state, leading to a somewhat stagnant negotiation atmosphere between buyers and sellers. As a result, product prices show no significant changes, and transaction volumes remain limited. Today, quoted prices for praseodymium-neodymium oxide, terbium oxide, and dysprosium oxide are approximately 413,000 yuan/ton, 6,750 yuan/kg, and 1,600,000 yuan/ton, respectively.

On the supply side, despite rare earth mining and smelting companies maintaining a normal production pace, the market faces a temporary oversupply due to persistently weak downstream demand. On the demand side, with pre-holiday stockpiling by downstream enterprises largely completed and current rare earth raw material prices at a high level, market purchasing enthusiasm has slightly declined, and inquiry activity is limited.

Price of rare earth products on May 7, 2025

China rare earth price picture on May 7, 2025

Picture of neodymium oxide

Picture of neodymium oxide

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