Rare earth market update on March 24, 2025

The overall domestic rare earth market is generally normal, mainly due to the low willingness of suppliers to reduce prices and the difficulty of downstream users to improve their rigid purchasing status.

Rare earth market update on March 21, 2025

This week, the domestic rare earth market has generally maintained a stable trend, with no significant changes in product prices and moderate transaction volumes.

According to the Baotou Industry and Information Bureau, from January to February 2025, the industrial added value of large-scale enterprises in Baotou City grew by 16.0% year-on-year, an acceleration of 1.7 percentage points compared to the full year of the previous year. This growth rate exceeded the national average (5.9%) by 10.1 percentage points and the Inner Mongolia regional average (5.8%) by 10.2 percentage points, marking 54 consecutive months of double-digit growth.

According to the Baotou Industry and Information Bureau, from January to February 2025, the industrial added value of large-scale enterprises in Inner Mongolia grew by 5.8% year-on-year. By major industry categories, the mining sector saw a 2.5% increase in added value, manufacturing grew by 10.3%, and the production and supply of electricity, heat, gas, and water rose by 7.1%. In terms of specific products, raw coal output reached 207 million tons, up 2.0%; power generation totaled 135.98 billion kilowatt-hours, up 1.2%. Notably, renewable energy generation amounted to 41.35 billion kilowatt-hours, surging by 35.5%, while the production of monocrystalline silicon, polycrystalline silicon, and rare earth compounds increased by 43.5%, 47.8%, and 9.5%, respectively.

Recently, an enterprise in Baotou City achieved large-scale production with its "Rare Earth Magnetic Overtaking Clutch First-Unit Industrialization Project." Leveraging an advanced structural design, this project has increased the average service life of overtaking clutches in planetary gearboxes of domestic loaders by more than 2,000 hours. The product's low cost and extended lifespan have disrupted the long-standing monopoly of imported fixed-shaft gearboxes from abroad.

Rare earth market update on March 20, 2025

The domestic rare earth market has generally maintained stable operation. On one hand, downstream users show low buying interest, and market demand lacks momentum; on the other hand, the positive supporting factors from earlier periods are gradually fading.

Rare earth market update on March 19, 2025

The domestic rare earth market has generally maintained stable operations, primarily reflected in traders sticking to rigid transactions, with product price showing no significant changes.

Rare earth market update on March 18, 2025

The domestic rare earth market has maintained an overall stable operating trend. The interplay of bullish and bearish factors has made it difficult for buyers and sellers to reach a high degree of consensus during negotiations, resulting in product prices lacking momentum for significant increases while also being resistant to substantial declines. At the same time, order growth has been relatively slow.

Rare earth market update on March 17, 2025

At the beginning of the week, the domestic rare earth market in China maintained a stable trend overall. With downstream users generally sticking to just-in-time procurement and the growth rate of spot supply in the market remaining moderate, product prices showed no significant changes.

Recently, according to a report from the Baotou City Industry and Information Technology Bureau, in February 2025, among the 36 key industrial products monitored in Baotou City, 19 products, including aluminum, copper, and neodymium metal, saw price increases month-on-month, while 2 products, such as monocrystalline silicon and photovoltaic modules, maintained stable prices, and 15 products, including pig iron, polypropylene, and magnesium, experienced price declines. Year-on-year, 11 products, such as aluminum, hydrogen fluoride, and praseodymium-neodymium metal, recorded price increases, while 25 products, including rebar, polypropylene, and magnesium, saw price decreases.