Rare earth market update on May 6, 2025
The overall domestic rare earth market remained stable, with traders primarily maintaining rigid transactions and product price showing no significant changes. Today, prices for praseodymium-neodymium oxide, gadolinium oxide, and dysprosium-iron alloy stabilized around 412,000 yuan/ton, 164,000 yuan/ton, and 1,590,000 yuan/ton, respectively. According to CTIA GROUP LTD, pre-holiday concentrated procurement by magnetic material companies drove a slight increase in rare earth permanent magnet material prices, with 55N NdFeB blank prices rising by approximately 2 yuan/kg.
In news, according to Nikkei Asia, as of May 1, European dysprosium prices doubled since early April, reaching 850 USD/kg (approximately 6,180.6 yuan/kg), while terbium prices surged from 965 USD/kg (approximately 7,016.9 yuan/kg) to 3,000 USD/kg (approximately 21,814.1 yuan/kg).
Price of rare earth products on May 6, 2025
Picture of neodymium oxide
