Rare earth market update on June 18, 2025
The domestic rare earth market is operating steadily, with a balanced supply-demand dynamic fostering a subdued trading atmosphere between buyers and sellers. Most rare earth product prices remain stable, while new order volumes are limited.
On the supply side, multiple factors contribute to sluggish market growth. First, stringent environmental regulations persist, coupled with low rare earth prices and subdued downstream inquiry enthusiasm, prompting some producers to slow capacity releases. Second, tight overseas rare earth supplies and high prices hinder the expansion of China’s rare earth product imports, resulting in no significant increase in spot market supply.
Regarding demand, the market shows distinct short-term and long-term trends. In the short term, restricted rare earth exports and financial pressures on some downstream firms have hindered demand growth. However, over the long term, the rapid development of emerging industries such as new energy vehicles, robotics, and wind power is driving a positive outlook for rare earth permanent magnet demand, providing some price support for the market.
In related news, on June 14, 2025, CNNC’s Qinshan Nuclear Power “Hefu No. 1” achieved another milestone! Yttrium-90 glass microspheres, irradiated in a heavy water reactor, were successfully unloaded and passed relevant tests, marking China’s breakthrough in reducing reliance on imported yttrium-90 microspheres and positioning it among the few nations mastering commercial reactor production of this advanced medical product.
Price of rare earth products on June 18, 2025
Erbium oxide picture
