Rare Earth Market - July 15, 2026

Rare earth market update on July 15, 2026

Domestic rare earth prices overall showed a pattern of mixed rises and falls, among which the prices of gadolinium oxide and terbium oxide decreased by approximately RMB 5,000/ton and RMB 50,000/ton, respectively, while the prices of erbium oxide and holmium oxide both increased by approximately RMB 5,000/ton.

According to CTIA GROUP, limited increases in spot market supply, China's export controls on some rare earth-related items, overseas rare earth prices still at relatively high levels, and good development prospects for downstream rare earth industries, multiple factors jointly support suppliers' confidence in holding back sales and maintaining prices.

According to the Ministry of Industry and Information Technology, it is estimated that in 2025, China's core artificial intelligence industry scale will exceed RMB 1.2 trillion. Large models, intelligent agents, and artificial intelligence chips are accelerating iteration, and this year the annual production of humanoid robots is expected to exceed 100,000 units. In June 2026, China's automobile production and sales completed 2.76 million units and 2.81 million units, respectively, decreased by 1.2% and 3.2% year-on-year; among which, new energy vehicle production and sales completed 1.598 million units and 1.643 million units, respectively, increased by 26% and 23.6% year-on-year. From January to June, automobile production and sales completed 14.993 million units and 15.017 million units, respectively, decreased by 4% and 4.1% year-on-year; new energy vehicle production and sales completed 7.438 million units and 7.446 million units, respectively, increased by 6.7% and 7.3% year-on-year, with new energy vehicle sales accounting for 49.6% of total new car sales.

In terms of news, data from the National Bureau of Statistics shows that in the first half of 2026, the gross domestic product was RMB 69,570.4 billion, increased by 4.7% year-on-year. By industry, the added value of the primary industry was RMB 3,152.2 billion, increased by 3.7%; the added value of the secondary industry was RMB 25,047.3 billion, increased by 3.9%; and the added value of the tertiary industry was RMB 41,370.9 billion, increased by 5.2%. By quarter, the GDP in the first quarter increased by 5.0% year-on-year, and the second quarter increased by 4.3%. On a quarter-on-quarter basis, the GDP in the second quarter increased by 0.9%.

Price of rare earth products on July 15, 2026

Images of neodymium oxide

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