Rare earth market update on April 22, 2026
The price trends of mainstream light and heavy rare earth products in China show a significant divergence: the prices of praseodymium and neodymium continue to rise, while the prices of dysprosium and terbium remain stable. In the light rare earth market, there is an overall "price without market" situation. Due to the recent favorable factors, traders' speculation and price hike sentiment are high, but downstream procurement is cautious, resulting in limited actual transactions. Since April 13, the price of praseodymium oxide has increased by approximately 5.73%, the price of neodymium oxide has increased by approximately 6.17%, the price of praseodymium-neodymium oxide has increased by approximately 7.63%, and the price of praseodymium-neodymium metal has increased by approximately 7.57%. In the medium and heavy rare earth market, with no significant changes in the supply and demand fundamentals, the prices of dysprosium and terbium have remained stable. However, it is worth mentioning that influenced by the recent significant price increase of mainstream light rare earth products, the prices of gadolinium and holmium have also risen.
According to data from the General Administration of Customs, in March 2026, China's rare earth imports reached 13,176 tons, an increase of 69.8% year-on-year, with an import value of RMB 1.933 billion, an increase of 193.4%. The export volume of rare earths was 4,111 tons, a decrease of 27.5% year-on-year, with an export value of RMB 331 million, a decrease of 0.1%. During the same period, China's export volume of rare earths and their products was 10,285 tons, a decrease of 11.9% year-on-year, while the export value was RMB 2.453 billion, an increase of 12.0%.
Price of rare earth products on April 22, 2026
Images of neodymium oxide
