Rare Earth Prices - July 10, 2026

Rare earth market update on July 10, 2026

This week, the overall domestic rare earth prices showed an upward volatile trend, mainly attributed to the increased willingness of downstream buyers for inquiry and procurement and the low willingness of suppliers to make concessions for shipments.

Against this background, the market transaction pace was relatively slow. According to CTIA GROUP, at the current stage, the proportion of long-term contract orders in the industry is relatively high, and many downstream rare earth production enterprises have relatively tight funding. Multiple factors combined have resulted in fewer spot transactions. However, affected by factors such as strong production cost support, good development prospects for emerging industries, and the difficulty in increasing future market spot supply, suppliers generally have a bullish outlook on the market and a strong sentiment of holding goods and waiting for price increases.

According to statistics from CTIA GROUP, this week the price of praseodymium-neodymium oxide increased by approximately RMB 15,000/ton, an increase of 2.00%; the price of praseodymium-neodymium metal increased by approximately RMB 20,000/ton, an increase of 2.19%; the price of terbium oxide increased by approximately RMB 400,000/ton, an increase of 6.15%; the price of dysprosium oxide showed no significant fluctuation for the time being; the price of 55N neodymium-iron-boron rough blank increased by approximately RMB 3/kg, an increase of 1.06%; and the price of neodymium-iron-boron scrap (praseodymium-neodymium) increased by approximately RMB 15/kg, an increase of 1.96%.

In terms of news, data from the National Bureau of Statistics showed that in June 2026, the national producer price index for industrial products decreased by 0.3% month-on-month, and the purchasing price index for industrial producers decreased by 0.2% month-on-month. Among them, in the producer price index for industrial products, prices in the mining industry decreased by 0.9%, prices in the raw material industry decreased by 1.2%, and prices in the processing industry increased by 0.2%; in the purchasing price index for industrial producers, prices of chemical raw materials decreased by 1.3%, prices of fuel and power decreased by 0.5%, prices of building materials and non-metallic materials decreased by 0.4%, prices of non-ferrous metal materials and wire increased by 0.1%; and prices of ferrous metal materials remained unchanged.

Price of rare earth products on July 10, 2026

Images of erbium oxide

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