Rare earth market update on August 19, 2025
The domestic rare earth market is exhibiting a general upward trend, with praseodymium-neodymium oxide prices increasing by approximately 30,000 yuan per ton and praseodymium-neodymium metal prices rising by about 45,000 yuan per ton. Compared to the previous few days, the price increases have notably widened. Driven by a significant rise in the prices of mainstream light rare earth raw materials, the price of neodymium-iron-boron blanks has also seen a marked upturn, with the price of 55N neodymium-iron-boron blank blocks increasing by about 10 yuan per kilogram. Meanwhile, medium-heavy rare earth prices are showing signs of stabilization and recovery, with terbium oxide prices rising by approximately 30 yuan per kilogram and holmium oxide prices increasing by about 5,000 yuan per ton. In this context, industry players are currently focused on downstream users' acceptance of high-priced goods.
According to CTIA GROUP LTD Online, since the beginning of the year, praseodymium oxide prices have increased by about 43.75%, neodymium oxide prices have risen by about 47.16%, praseodymium-neodymium oxide prices have gone up by about 47.50%, praseodymium-neodymium metal prices have increased by about 47.66%, terbium oxide prices have risen by about 30.12%, dysprosium oxide prices have increased by about 0.62%, and ferro-dysprosium prices have gone up by about 0.45%. This indicates that the price increases for praseodymium, neodymium, and terbium have been significant this year.
On the news front, according to the National Bureau of Statistics, in July, the value-added of industries above the designated size increased by 5.7% year-on-year and increased by 0.38% month-on-month. By major categories, in July, the value-added of the mining industry increased by 5.0% year-on-year, manufacturing increased by 6.2%, and the production and supply of electricity, heat, gas, and water increased by 3.3%. By sector, in July, the value-added of the chemical raw materials and chemical products manufacturing industry increased by 7.2%, the non-metallic mineral products industry decreased by 0.6%, the non-ferrous metal smelting and rolling processing industry increased by 6.8%, the general equipment manufacturing industry increased by 8.4%, the special equipment manufacturing industry increased by 3.8%, the automobile manufacturing industry increased by 8.5%, and the railway, shipbuilding, aerospace, and other transportation equipment manufacturing industry increased by 13.7%, while the electrical machinery and equipment manufacturing industry increased by 10.2%.
Price of rare earth products on August 19, 2025
Neodymium oxide picture
