Rare earth market update on March 13, 2026
This week, domestic rare earth prices showed an overall downward trend, with the price drop of praseodymium-neodymium series products being particularly significant, forming a stark contrast to the strong increase seen in the previous period (February), which has once again attracted high attention from industry players. The prices of dysprosium and terbium also declined slowly under the influence of the price decrease of mainstream light rare earths.
According to CTIA GROUP LTD's research, the previous rapid surge in praseodymium-neodymium prices was followed by a slow downstream demand recovery, which laid the foundation for the recent price correction. Additionally, the cooling of market speculation and the reduction of capital inflow were also major reasons for this price decrease. However, as the weekend approached, downstream users increased their procurement activities when prices fell, providing support for mainstream product prices to stop declining and rebound.
According to CTIA GROUP LTD's statistics, the price of praseodymium-neodymium oxide decreased by RMB 50,000/ton, a drop of 5.88%; the price of praseodymium-neodymium metal decreased by RMB 50,000/ton, a drop of 4.76%; the price of terbium oxide decreased by RMB 200,000/ton, a drop of 3.10%; the price of dysprosium oxide decreased by RMB 60,000/ton, a drop of 3.92%; the price of 55N neodymium iron boron billets increased by RMB 1/kg, an increase of 0.32%; the price of neodymium iron boron scrap (praseodymium-neodymium) decreased by RMB 55/kg, a drop of 6.83%.
Price of rare earth products on March 13, 2026
Images of erbium oxide
