Rare Earth Market - February 11, 2026

Rare earth market update on February 11, 2026

The domestic rare earth prices overall showed a clear upward trend, with praseodymium-neodymium oxide price increased by approximately RMB 60,000/ton, praseodymium-neodymium metal price increased by approximately RMB 20,000/ton, terbium oxide price increased by approximately RMB 100,000/ton, and dysprosium oxide price increased by approximately RMB 40,000/ton.

This is mainly attributed to the increasingly prominent status of rare earths as strategic metals, coupled with tightening spot supply of some products, prompting stronger speculative bullish sentiment among suppliers. However, downstream demand follow-up remains relatively slow, and traders continue to operate cautiously.

On the news front: In January 2026, national producer prices for industrial products decreased by 1.4% year-on-year, with the decline narrowed by 0.5 percentage points compared to the previous month; industrial producer purchase prices decreased by 1.4% year-on-year, with the decline narrowed by 0.7 percentage points compared to the previous month. Among them, in producer prices for industrial products, mining industry prices decreased by 8.1%, raw material industry prices decreased by 2.0%, and processing industry prices decreased by 0.4%; in industrial producer purchase prices, fuel and power prices decreased by 7.1%, chemical raw materials prices decreased by 5.8%, building materials and non-metals prices decreased by 4.7%, and non-ferrous metal materials and wire prices increased by 16.1%.

Price of rare earth products on February 11, 2026

Images of neodymium oxide

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