Rare earth market update on May 19, 2025
At the beginning of the week, domestic rare earth prices in China showed no significant changes, with praseodymium-neodymium oxide, gadolinium oxide, and holmium oxide stabilizing at approximately 435,000 yuan/ton, 170,000 yuan/ton, and 525,000 yuan/ton, respectively. From the supply side, with rare earth manufacturers maintaining normal production rhythms, prolonged weak downstream demand, and limited exports of certain rare earth products, the market spot supply remains relatively ample. From the demand side, although downstream industries like new energy vehicles, robotics, and smart appliances are developing well and have a high demand for rare earth functional materials, the current high prices of rare earth raw materials and tight funding among downstream companies are the main reasons for the low transaction volumes.
According to Minxi News Network, the number of above-scale enterprises in Longyan City's non-ferrous metal industry remains stable at 72. From January to March this year, the industry achieved an output value of 39.49 billion yuan, up 1.7% year-on-year. As a leading enterprise in the rare earth sector, Jinlong Rare Earth leverages the high-quality development platform of the Fujian (Longyan) Rare Earth Industrial Park. The company continuously enhances its "rare earth mining - smelting and separation - rare earth functional materials - downstream applications" industrial chain, producing high-tech products such as rare earth permanent magnet materials, luminescent materials, rare earth alloys, and targets, which exhibit strong competitiveness in the international market.
Price of rare earth products on May 19, 2025
Neodymium oxide picture
