Price Trends of Rare Earth Products in August 2026

I. Analysis of China's rare earth price market in August 2026

According to CTIA GROUP, in August 2026, the price trends of mainstream light and heavy rare earth products in China showed slight pergence: praseodymium-neodymium prices fluctuated downward but rebounded at the end of the month; dysprosium-terbium prices fell first and then rose, with prices at the end of the month higher than at the beginning of the month.

In August, the price of praseodymium oxide decreased by approximately RMB 29,000/ton, down 3.63%; the price of neodymium oxide decreased by approximately RMB 29,000/ton, down 3.65%; the price of praseodymium-neodymium oxide decreased by approximately RMB 20,000/ton, down 2.67%; the price of praseodymium-neodymium metal decreased by approximately RMB 26,000/ton, down 2.87%; the price of terbium oxide increased by approximately RMB 20/kg, up 0.30%; the price of dysprosium oxide increased by approximately RMB 50,000/ton, up 3.55%; and the price of dysprosium-iron alloy increased by approximately RMB 50,000/ton, up 3.55%.

In the first ten days, affected by factors such as downstream demand falling short of expectations and suppliers' strong willingness to exchange price for orders, prices of praseodymium, neodymium, dysprosium, and terbium series products declined to varying degrees; in the last ten days, as the traditional consumption off-season approached its end, coupled with rare earth prices being at relatively low levels and low remaining raw material inventory of downstream production enterprises, market inquiries increased, prompting suppliers to raise quotations.

II. Average prices of rare earth products in August 2026

In August 2026, the prices of mainstream rare earth products in China decreased month-on-month. Among them, the average price of praseodymium oxide was RMB 780,286/ton, decreased by approximately 4.24% month-on-month, and increased by 32.59% year-on-year; the average price of neodymium oxide was RMB 776,238/ton, decreased by approximately 4.15% month-on-month, and increased by 32.99% year-on-year; the average price of praseodymium-neodymium oxide was RMB 729,000/ton, decreased by approximately 3.94% month-on-month, and increased by 27.87% year-on-year; the average price of praseodymium-neodymium metal was RMB 883,143/ton, decreased by approximately 4.42% month-on-month, and increased by 26.66% year-on-year; the average price of terbium oxide was RMB 6,680/kg, decreased by approximately 1.37% month-on-month, and decreased by 5.56% year-on-year; the average price of dysprosium oxide was RMB 1,423,333/ton, increased by approximately 0.11% month-on-month, and decreased by 12.88% year-on-year; and the average price of dysprosium-iron alloy was RMB 1,370,952/ton, decreased by approximately 0.53% month-on-month, and decreased by 13.85% year-on-year.

From January to August 2026, the prices of most mainstream rare earth products in China increased year-on-year. Among them, the average price of praseodymium oxide was RMB 802,816/ton, increased by 69.47% year-on-year; the average price of neodymium oxide was RMB 797,718/ton, increased by 71.15% year-on-year; the average price of praseodymium-neodymium oxide was RMB 743,466/ton, increased by 63.07% year-on-year; the average price of praseodymium-neodymium metal was RMB 908,399/ton, increased by 62.30% year-on-year; the average price of terbium oxide was RMB 6,357/kg, decreased by 6.13% year-on-year; the average price of dysprosium oxide was RMB 1,410,123/ton, decreased by 15.22% year-on-year; and the average price of dysprosium-iron alloy was RMB 1,373,926/ton, decreased by 15.25% year-on-year.

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