Rare earth market update on July 4, 2025
This week, the domestic rare earth market has remained stable, with a mix of bullish and bearish factors creating a somewhat stagnant negotiation atmosphere between buyers and sellers. Product prices are fluctuating within reasonable ranges, while new orders remain scarce. Bullish factors include strong production cost support, increased downstream inquiries, limited spot market supply, and positive growth trends in both traditional and emerging industries. Bearish factors include ongoing restrictions on Chinese rare earth exports, a pronounced "buy on rise, not on fall" mentality among traders, and tightening financial conditions for buyers.
According to CTIA GROUP LTD, this week’s price changes are as follows: praseodymium-neodymium metal prices dropped by approximately 1,000 yuan/ton (a 0.18% decrease), terbium oxide prices fell by about 10 yuan/kg (a 0.14% decrease), and dysprosium oxide prices rose by around 5,000 yuan/ton (a 0.31% increase). Prices for praseodymium-neodymium oxide, 55N neodymium-iron-boron blanks, and neodymium-iron-boron scrap (praseodymium-neodymium) showed no significant changes.
In related news, Baotou Steel Rare-Earth recently achieved a breakthrough by successfully rolling an ultra-thin steel specification for railway carriages at its rare earth steel plate factory. The product meets required standards for surface quality and mechanical properties, marking a new advancement in Baotou Steel’s hot-rolled weathering steel technology.
Price of rare earth products on July 4, 2025
Erbium oxide picture