Rare earth market update on September 4, 2025
The domestic rare earth market is exhibiting a generally subdued operational trend. With downstream demand falling short of expectations and suppliers showing low willingness to reduce prices, product prices are fluctuating within a reasonable range, and market transaction volumes remain limited. Today, the prices of praseodymium-neodymium oxide, terbium oxide, and holmium oxide are approximately 601,000 yuan per ton, 7,500,000 yuan per ton, and 565,000 yuan per ton, respectively.
From the perspective of bullish factors, first, the rising expectation of a Federal Reserve interest rate cut in September has boosted confidence among rare earth suppliers to maintain prices. According to China Fund News, the market estimates a 96.6% probability of a 25-basis-point rate cut by the Federal Reserve in September. Second, the robust development of industries such as robotics, new energy vehicles, and smart home appliances is driving an increase in demand for rare earth functional materials, providing potential momentum for market recovery.
From the perspective of bearish factors, the recent significant price increases for products like praseodymium, neodymium, terbium, and dysprosium, combined with their current high levels, along with limited market liquidity, have largely suppressed downstream users’ enthusiasm for inquiries and procurement. According to CTIA GROUP LTD Online statistics, since August, the price of terbium oxide has increased by approximately 5.04%, praseodymium oxide by about 19.49%, neodymium oxide by about 20.34%, praseodymium-neodymium oxide by about 13.40%, and praseodymium-neodymium metal by about 15.50%.
In terms of news, in the first half of 2025, China Rare Earth achieved revenue of 1.875 billion yuan, increased by 62.38% year-on-year; net profit attributable to shareholders of the parent company was 162 million yuan, increased by 166.16% year-on-year; net profit after deducting non-recurring gains and losses was 155 million yuan, increased by 160.70% year-on-year; net cash flow from operating activities was -45.5957 million yuan, increased by 82.82% year-on-year; basic earnings per share was 0.1524 yuan, increased by 166.17% year-on-year; as of the end of the reporting period, total assets were 5.602 billion yuan, increased by 2.13% year-on-year; and shareholders’ equity attributable to the parent company was 4.801 billion yuan, increased by 3.41% year-on-year.
Price of rare earth products on September 4, 2025
Neodymium oxide picture
