Driven by macro news factors, rare earth market prices rose significantly [SMM Rare Earth Daily Review]

Published: Jun 20, 2025 18:39

Save

[SMM Rare Earth Daily Review: Rare Earth Market Prices Rise Significantly Driven by Macro News Factors] Currently, rare earth market prices are showing a significant upward trend. This is mainly driven by the procurement activities of major manufacturers in the market and news factors. As major manufacturers engage in concentrated procurement, the availability of low-priced rare earths in the market tightens. Meanwhile, influenced by news factors, market confidence has been boosted, and suppliers are intentionally refusing to budge on prices, driving a significant price increase.

View SMM Rare Earth Quotes, Data, and Market Analysis

Order and View SMM Metal Spot Historical Price Trends

SMM June 20: Rare earth market prices rose significantly today. Specifically, in the oxide market, Pr-Nd oxide prices edged up to 443,000-445,000 yuan/mt, dysprosium oxide prices increased slightly to 1.625-1.635 million yuan/mt, terbium oxide prices rose modestly to 7.12-7.18 million yuan/mt, while gadolinium oxide prices remained stable at 160,000-162,000 yuan/mt. Holmium oxide prices climbed to 514,000-518,000 yuan/mt, and erbium oxide prices continued fluctuating between 300,000-305,000 yuan/mt.

In the metal market, Pr-Nd alloy prices rose to 544,000-548,000 yuan/mt today, dysprosium-iron alloy prices held steady at 1.57-1.58 million yuan/mt, terbium metal quotations remained unchanged at 8.8-8.85 million yuan/mt, gadolinium-iron alloy prices stayed flat at 156,000-157,000 yuan/mt, holmium-iron market prices declined to 515,000-525,000 yuan/mt, while lanthanum-cerium alloy prices continued stabilizing between 17,000-19,000 yuan/mt.

Currently, rare earth market prices show a clear upward trend, primarily driven by major producers' procurement activities and news factors. As concentrated procurement by large enterprises tightened low-priced spot cargo supply, coupled with news-driven sentiment boosts, suppliers refused to budge on prices, leading to notable price increases. However, downstream buyers maintained a wait-and-see attitude toward the price hikes due to weaker-than-expected orders. Overall, with magnetic material enterprises conducting restocking purchases but lacking clear policy catalysts, market acceptance of price increases remains moderate amid strong wait-and-see sentiment. Short-term rare earth prices are expected to fluctuate rangebound.

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

Jan 30, 2026 18:24

Chile Unveils National Critical Minerals Strategy Amid Global Demand Surge

Chile has released its National Critical Minerals Strategy, clearly positioning itself as a stable supplier of minerals. Currently, driven by artificial intelligence, the development of new technologies, and the energy transition, global demand for these critical minerals continues to grow. The announcement of this strategy holds particular significance in the weeks before President Boric leaves office, highlighting Chile’s intention to transition from over-reliance on the copper industry toward adapting to a decarbonized economy and achieving resource diversification. Chile has identified 14 critical minerals, specifically covering copper, lithium, molybdenum, rhenium, cobalt, rare earths, antimony, selenium, tellurium, gold, silver, iron ore, boron, and iodine. Based on Chile’s current position in the global market, these 14 minerals are categorized into three groups: The first category includes copper, lithium, molybdenum, and rhenium. Their respective shares in global supply are 23%, 20.4%, 14.6%, and 46.8%, and other major economies have also designated these minerals as critical. The second category consists of minerals that are currently not produced or only produced in small quantities, including cobalt, rare earths, antimony, selenium, and tellurium. The third category comprises minerals already produced domestically in Chile with the potential to expand their role in the global value chain, such as gold, silver, iron ore, boron, and iodine.

Jan 30, 2026 18:24

Jan 30, 2026 17:16

Overseas Pr-Nd offers surged rapidly, countries accelerated rare earth mine development [SMM Rare Earth Overseas Weekly Review]

This week, overseas prices continued to rise due to multiple factors, and shipments tightened further. Key developments emerged in raw ore mining across the US, Asia, and Latin America. The US government strengthened domestic rare earth capacity through large-scale funding, a Malaysia-France cooperation project achieved substantial progress, Brazil formulated a national rare earth strategy to unlock resource potential, and India considered adjustments to mining policies to enhance extraction efficiency. These measures collectively reflect countries' heightened focus on rare earth supply chain security, though technological, cost, and capacity bottlenecks remain widespread challenges.

Jan 30, 2026 17:16

Jan 30, 2026 10:15

India Mulls Tightening Mineral Rights Auction Policy to Boost Mining Output

Two informed sources revealed that to accelerate mining production, India is considering tightening its mineral rights auction policy to exclude mining enterprises that fail to apply for mining permits long after winning the auction. Official data show that since 2015, the Indian government has auctioned 594 mineral blocks, of which only 82 are in production, accounting for less than 14%. Sources said an internal government audit found that over the past five years, about 50 enterprises had not commenced mining after acquiring blocks, with some even failing to apply for mining permits. The two informed sources declined to be named as they were not authorized to speak. The Indian Ministry of Mines also did not respond to an email request for comment.

Jan 30, 2026 10:15