
Rare earth market update on August 20, 2025 The overall domestic rare earth market continues to trend upward, driven by multiple factors: heightened inquiry and procurement enthusiasm from magnetic material enterprises, difficulty in increasing spot supply, and strong speculative sentiment among suppliers, leading to another significant surge in praseodymium-neodymium raw material prices. Under these conditions, the prices of neodymium-iron-boron blanks and other rare earth raw materials have also risen. Today, praseodymium oxide prices increased by approximately 52,000 yuan per ton,…