Rare earth market update on January 23, 2026
This week, the domestic rare earth prices overall showed an oscillating downward trend, mainly due to insufficient confidence among suppliers in maintaining prices, light downstream inquiries, and the absence of major bullish news releases in the market. It is reported that, in addition to production costs failing to effectively support prices and market demand falling short of expectations, with the approaching Spring Festival, many suppliers have a strong willingness to recover funds, which is also an important reason for the price decline.
According to CTIA GROUP LTD, this week praseodymium-neodymium oxide price decreased by approximately RMB 10,000/ton, down 1.46%; praseodymium-neodymium metal price decreased by approximately RMB 15,000/ton, down 1.80%; terbium oxide price showed no obvious changes; dysprosium oxide price decreased by approximately RMB 20,000/ton, down 1.37%; 55N neodymium-iron-boron blank price decreased by approximately RMB 2/kg, down 0.70%; neodymium-iron-boron scrap (praseodymium-neodymium) price increased by approximately RMB 10/kg, up 1.50%.
On the news front: Jinli Permanent Magnet expects to achieve net profit attributable to shareholders of the listed company of RMB 660 million to RMB 760 million in 2025, increased by 127% to 161% compared to the same period last year; it expects to achieve net profit attributable to shareholders of the listed company excluding non-recurring gains and losses of RMB 580 million to RMB 680 million, increased by 241% to 300% compared to the same period last year.
Price of rare earth products on January 23, 2026
Images of neodymium oxide
