Rare Earth Prices Inch down, and not to Register Big Decline, SMM Reports

Published: Aug 17, 2017 13:10

Save

Some categories prices of rare earth edged down on Thursday.

SHANGHAI, Aug. 17 (SMM) – Some categories prices of rare earth edged down on Thursday. According to SMM price, gadolinium oxide price was lowered by 5,000 yuan per tonne to 180,000-190,000 yuan per tonne, terbium oxide price fell 150 yuan per kilogram to 3,950-4,100 yuan per kilogram, and dysprosium oxide price dropped by 40 yuan per kilogram to 1,450-1,500 yuan per kilogram.

Will Issuance of 2nd Batch of Rare Earth and Tungsten Ore Mining Quota Impact Market? SMM Reports

Some small traders lowered offers slightly for profits taking after rare earth prices surged, while separating plants made stable offers. Price of praseodymium-neodymium oxide was stably with offers mainly at 500,000-510,000 yuan per tonne. Some traders started selling goods in recent days.

China Rare Earth Exports Surge in July, But Export Prices Tumble

SMM regarded the price decline as normal which rose rapidly by market speculations.

China announced to stabilize rare earth price, and some market participants in face of high prices took wait-and-see stance. Rare earth prices thus stabilized, or even edged down. However, fundamentals see no significant changes. Government will keep cracking down illegal rare earth mining, tightening rare earth supply. This, combined with anticipation of brisk demand from new energy vehicles, will restrict price decline of rare earth.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

rare earth supply & demand rare earth price

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

2 hours ago

Zhong Ke San Huan Reports 660.50% YoY Net Profit Growth in 2025, Driven by Cost Reduction and Efficiency Improvements

Leading rare earth permanent magnet producer Zhong Ke San Huan (000970.SZ) released its 2025 annual report, posting full-year operating revenue of 6.641 billion yuan and net profit attributable to shareholders of the parent of 91.3186 million yuan, up 660.50% YoY; net profit excluding non-recurring gains and losses was 60.6065 million yuan, up 451.03% YoY. The sharp growth in performance was mainly attributable to cost reduction and efficiency improvement, increased foreign exchange gains, and a substantial decline in asset impairment losses. During the reporting period, the share of revenue from the Chinese market rose to 50.55%, and the company completed 100% concentrated procurement of rare earth raw materials.

2 hours ago

8 hours ago

Pr-Nd Oxide Price Rises to 720,000-725,000 Yuan/mt Amid Futures Fluctuations

Today, after holding steady for three consecutive working days, the price of Pr-Nd oxide was raised to 720,000-725,000 yuan/mt, affected by fluctuations in futures prices. Metal producers still maintained a cautious attitude in procurement, with a clearly stronger tendency to push for lower prices in inquiries, and no transactions at high prices had emerged so far.

8 hours ago

Mar 30, 2026 07:00

Cobalt Blue and Glomar Minerals Launch Consortium to Unlock Critical Minerals from Polymetallic Nodules

Cobalt Blue and Glomar Minerals have formed a consortium to jointly advance the U.S. critical minerals processing initiative known as Project Infinity. The two parties will integrate Glomar Minerals’ marine mining licenses and deep-sea mineral extraction capabilities, together with Cobalt Blue’s proven critical minerals metallurgical processing technologies and patented intellectual property. They plan to construct a polymetallic nodule processing facility in the United States with an annual throughput of approximately 200,000 tonnes. Polymetallic nodules are abundant resources containing cobalt, manganese, nickel, copper, rare earth elements, titanium and multiple other metals, enabling the output of a wide range of mineral products from a single raw material source.

Mar 30, 2026 07:00