Rare Earth Prices Remain Stable, Market Transactions Stagnant [SMM Rare Earth Daily Review]

Published: Jun 9, 2025 19:10

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[SMM Rare Earth Daily Review: Rare Earth Prices Remain Stable, Market Transactions Stagnant] Currently, the rare earth market is performing steadily, with prices remaining stable. Affected by end-use demand, orders for magnetic material enterprises have not significantly improved, and transactions of high-priced metals are restricted, leading to a stalemate in market transactions, with no news of high-priced metal transactions. Prices in the light rare earth market have slightly declined, with moderate inquiry activity. The actual transaction situation remains to be confirmed, and there is a strong sentiment of wait-and-see in the market.

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SMM News on June 9: Today, the rare earth market prices remained stable. Specifically, in the oxide market, the price of Pr-Nd oxide fell to 447,000-449,000 yuan/mt, the price of dysprosium oxide rose slightly to 1.64-1.66 million yuan/mt, the price of terbium oxide increased to 7.2-7.25 million yuan/mt, and the price of gadolinium oxide remained stable at 164,000-167,000 yuan/mt. The price of holmium oxide remained stable at 515,000-520,000 yuan/mt, and the price of erbium oxide continued to fluctuate between 300,000-305,000 yuan/mt.

In the metal market, the price of Pr-Nd alloy remained stable at 548,000-550,000 yuan/mt today, the price of dysprosium-iron alloy rose to 1.59-1.61 million yuan/mt, the quoted price of terbium metal increased to 8.9-9 million yuan/mt, the price of gadolinium-iron alloy remained stable at 160,000-162,000 yuan/mt, the market price of holmium-iron alloy remained stable at 524,000-528,000 yuan/mt, and the price of lanthanum-cerium metal continued to remain stable at 17,000-19,000 yuan/mt.

Currently, the rare earth market is performing steadily, with prices remaining stable. Affected by end-use demand, orders from magnetic material enterprises have not significantly improved, and transactions of high-priced metals are restricted, leading to a stalemate in market trading, with no news of high-priced metal transactions. The prices in the light rare earth market have slightly declined, with moderate inquiry activity. The actual transaction situation remains to be confirmed, and there is a strong wait-and-see sentiment in the market. Overall, due to the lack of support from end-use demand, downstream magnetic material enterprises find it difficult to accept high-priced raw materials, leading to a stalemate in market trading. It is expected that in the short term, rare earth prices will jump initially and then pull back.

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.

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