Rare earth market update on June 5, 2026
This week, the price trends of mainstream light and heavy rare earth products in China were slightly differentiated: praseodymium-neodymium prices increased first and then decreased, while dysprosium-terbium prices remained stable first and then increased. In the light rare earth market, at the beginning of the week, downstream magnet material enterprises released demand for bargain hunting at low levels, and holders' willingness to firm up prices and sell increased, leading to an upward movement in praseodymium-neodymium raw material prices. However, as prices continued to rise, downstream end-users became more cautious, and market transactions decreased, causing holders to lack further momentum for price increases.
In the heavy rare earth market, at the beginning of the week, affected by weak supply and demand, product prices remained largely stable. Approaching the weekend, increased downstream inquiry activities prompted suppliers to strengthen their price-raising intentions.
According to statistics from CTIA GROUP, this week the price of praseodymium-neodymium oxide increased by approximately RMB 12,000/ton, an increase of 1.74%; the price of praseodymium-neodymium metal increased by approximately RMB 15,000/ton, an increase of 1.79%; the price of terbium oxide increased by approximately RMB 100,000/ton, an increase of 1.65%; the price of dysprosium oxide increased by approximately RMB 90,000/ton, an increase of 7.20%; the price of 55N neodymium-iron-boron rough blank increased by approximately RMB 3/kg, an increase of 1.17%; and the price of neodymium-iron-boron scrap (praseodymium-neodymium) increased by approximately RMB 20/kg, an increase of 2.82%.
Price of rare earth products on June 5, 2026
Images of neodymium oxide
