Rare earth market update on November 19, 2025
The domestic rare earth market continued to operate steadily overall. Under the background of limited consumption capacity among downstream users and strong reluctance among suppliers to sell while supporting prices, product prices showed no obvious changes and actual transaction volumes remained low.
Today, neodymium oxide, terbium oxide and dysprosium oxide prices consolidated around RMB 568,000 per ton, RMB 6,600,000 per ton and RMB 1,530,000 per ton, respectively.
It is worth noting that, with raw material prices running steadily, rare earth permanent magnet materials and their scrap prices also remained relatively stable, with the current price of 52M NdFeB blank blocks at approximately RMB 267 per kilogram.
Industry participants generally believe that the market may continue its sideways consolidation pattern in the short term.
On the news front, data from the National Bureau of Statistics show that in October, new energy vehicle production maintained relatively fast growth, increasing by 19.3% year-on-year, driving a 30.4% year-on-year increase in automotive lithium-ion power battery production; led by the green energy transition, the comprehensive utilization of waste resources industry above designated size grew rapidly, with added value increasing by 17.3%, and output of water pollution prevention equipment and wind turbine generators increasing by 38.0% and 23.6% respectively; green material supply increased, with production of rare earth magnetic materials and bio-based chemical fibers rising by 18.5% and 16.6% respectively.
Price of rare earth products on November 19, 2025
Images of neodymium oxide
