Rare earth market update on October 20, 2025
On Monday, the domestic rare earth market overall continued the weak pattern from last week. Affected by numerous uncertain factors, the prices of mainstream light rare earth products continued to decline, while the prices of medium and heavy rare earth products maintained a sideways consolidation trend. In the light rare earth market, due to the soft downstream demand and suppliers' strong willingness to exchange prices for sales volume, the prices of praseodymium-neodymium products lacked momentum to stop falling; against this background, the selling prices of rare earth permanent magnet materials also declined accordingly. In the medium and heavy rare earth market, although the market demand was lower than expected, supported by strong production cost support and the linkage effect of high prices in the overseas market, holders of goods basically maintained firm quotations.
In terms of news, JLMAG Rare Earth Co., Ltd. is expected to achieve a net profit attributable to shareholders of the parent company of RMB 505.00 million to RMB 550.00 million in the first three quarters of 2025, representing a year-on-year increase of 157% to 179%; the non-net profit after deducting non-recurring gains and losses is expected to be RMB 415.00 million to RMB 460.00 million, a year-on-year increase of 365% to 415%. Among them, in the third quarter, the company is expected to achieve a net profit attributable to shareholders of the parent company of RMB 200.047 million to RMB 245.047 million, a year-on-year increase of 159% to 217%; the non-net profit after deducting non-recurring gains and losses is expected to be RMB 180.9875 million to RMB 225.9875 million, a year-on-year increase of 228% to 309%.
Price of rare earth products on October 20, 2025
Erbium oxide picture
