Rare earth market update on March 5, 2026
The domestic rare earth market is overall performing weakly. In an atmosphere with a strong bearish sentiment in the market, the prices of some products continue to decline, and traders are operating with high caution. The growth rate of actual orders is slow. Today, the prices of praseodymium and neodymium oxide, holmium oxide, and dysprosium ferroalloy have decreased by approximately RMB 3,000 per ton, RMB 5,000 per ton, and RMB 10,000 per ton, respectively.
According to CTIA GROUP LTD, the main reasons for this round of rare earth price decline are as follows: First, the previous price increases were rapid over a short period of time, which has led to a lack of motivation for suppliers to raise prices further. Second, with current product prices remaining at relatively high levels and rare earth downstream production enterprises generally facing tight funds, market inquiry activities have been limited, and transactions are scarce. However, influenced by the recent significant price correction of mainstream products and industry expectations for the future market, magnet material enterprises have become more active in purchasing at lower prices.
Price of rare earth products on March 5, 2026
Images of neodymium oxide
