Rare earth market update on October 22, 2025
The domestic rare earth market has generally shown a trend of stabilizing after a decline, mainly attributed to the enhanced profit awareness of suppliers and the increased enthusiasm of downstream users for bargain hunting. Today, the prices of praseodymium oxide, praseodymium-neodymium metal, and holmium oxide stabilized at around RMB 572,000/ton, RMB 620,000/ton, and RMB 510,000/ton respectively. However, it is noteworthy that the overall market transaction activity remains at a low level, so traders should operate cautiously.
According to statistics from CTIA GROUP LTD, since the end of the National Day holiday, the price of praseodymium oxide has decreased by approximately RMB 68,000/ton, a drop of 10.63%; the price of neodymium oxide has decreased by about RMB 70,000/ton, a decrease of 10.94%; the price of praseodymium-neodymium oxide has fallen by around RMB 52,000/ton, a decline of 9.29%; and the price of praseodymium-neodymium metal has decreased by roughly RMB 65,000/ton, a drop of 9.49%. Recently, against the backdrop of a sharp decline in praseodymium-neodymium prices, the supporting role of production costs in the market has gradually become prominent, while some purchasers' willingness to replenish inventory has increased.
In terms of news, on October 21st, Minister Wang Wentao stated that regarding the issue of rare earth export controls, China's recent measures are a normal practice to improve its export control system in accordance with laws and regulations, reflecting China's major-country responsibility in safeguarding world peace and stability. China is committed to maintaining the security and stability of the global industrial and supply chains, and has been providing approval facilitation for EU enterprises.
Price of rare earth products on October 22, 2025
Neodymium oxide picture
