Rare earth market update on March 9, 2026
On Monday, the domestic rare earth prices showed a mixed trend, with the prices of praseodymium-neodymium oxide and holmium oxide increasing by approximately RMB 2,000 per ton and RMB 5,000 per ton, respectively. The prices of terbium oxide and dysprosium iron alloy decreased by approximately RMB 150,000 per ton and RMB 10,000 per ton, respectively. According to CTIA GROUP LTD, praseodymium-neodymium raw material supply remains relatively tight, and the downstream market's active purchasing behavior at lower prices has increased. Multiple factors are jointly supporting the dominant light rare earth suppliers' reluctant selling and price-supportive mindset.
In terms of news, data from the National Bureau of Statistics shows that in February 2026, the Producer Price Index (PPI) for industrial producers nationwide decreased by 0.9% year-on-year, with the decline narrowing by 0.5 percentage points compared to the previous month. Among them, prices in the mining industry decreased by 5.3%, prices in the raw materials industry decreased by 1.9%, and prices in the processing industry increased by 0.3%. In February, the Purchasing Price Index (PPI) for industrial producers decreased by 0.7% year-on-year, with the decline narrowing by 0.7 percentage points compared to the previous month. Among them, prices for chemical raw materials decreased by 5.0%, prices for building materials and non-metallic products decreased by 4.5%, prices for ferrous metal materials decreased by 3.1%, and prices for non-ferrous metal materials and electrical wires increased by 21.3%.
Price of rare earth products on March 9, 2026
Images of neodymium oxide
