Rare earth market update on June 26, 2025
The domestic rare earth market is experiencing overall weak conditions, marked by sluggish price increases, low enthusiasm among traders for market engagement, and reduced transaction volumes. Today, prices for praseodymium oxide, gadolinium oxide, and dysprosium-iron alloy are approximately 464,000 yuan/ton, 165,000 yuan/ton, and 1,580,000 yuan/ton, respectively.
In the light rare earth market, a stalemate persists. Although downstream essential procurement remains challenging, the positive outlook for rare earth downstream industries, coupled with optimistic expectations from most industry insiders and limited increases in spot supply, has led suppliers to maintain rational pricing. In the mid-to-heavy rare earth market, mainstream product prices have declined to varying degrees, with terbium oxide and dysprosium oxide prices dropping by about 70 yuan/kg and 15,000 yuan/ton, respectively, primarily due to weak buyer interest. Notably, imports of Myanmar minerals remain limited.
In related news, a recent breakthrough by a Chinese research team in rare earth chemistry has successfully synthesized a rare earth triple-bond compound, long considered a "forbidden zone" in scientific research, challenging traditional views on rare earth bonding capabilities. The findings were published in Nature Chemistry. The team innovatively used the spatial confinement and protective effects of fullerene molecular cages, employing an improved arc discharge technique to create the first fullerene-encapsulated cerium-carbon triple-bond compound, achieving stable cerium-carbon triple-bond formation.
Price of rare earth products on June 26, 2025
Neodymium oxide picture
