Rare earth market update on January 19, 2026
On Monday, the domestic rare earth market overall showed a mixed pattern of rises and falls. Under the intertwining of bullish and bearish factors, the price trends of mainstream light and heavy rare earth products varied slightly, with praseodymium-neodymium prices pulling back from high levels, while dysprosium and holmium prices rose slightly. Today, the price of praseodymium-neodymium oxide decreased by approximately RMB 8,000/ton, the price of praseodymium-neodymium metal decreased by approximately RMB 10,000/ton, the price of terbium oxide increased by approximately RMB 50,000/ton, and the price of holmium oxide increased by approximately RMB 7,000/ton. According to CTIA GROUP LTD, affected by the significant rise in praseodymium-neodymium prices last week, downstream users' enthusiasm for inquiries and purchases has somewhat decreased, and with the weakening of positive support factors, this has further restrained the warming of the light rare earth market.
On the news front, data from the National Bureau of Statistics showed that in December 2025, the national producer price index for industrial products (PPI) increased by 0.2% month-on-month, with the increase expanding by 0.1 percentage points compared to the previous month; the producer purchase price index for industrial products increased by 0.4% month-on-month, with the increase expanding by 0.3 percentage points compared to the previous month. Among the producer price index for industrial products, prices in the mining industry increased by 0.8%, prices in the raw materials industry increased by 0.6%, and prices in the processing industry increased by 0.2%; among the producer purchase price index for industrial products, prices for non-ferrous metal materials and wires increased by 2.5%, prices for fuel and power increased by 1.5%, prices for building materials and non-metallic products increased by 0.1%, prices for ferrous metal materials decreased by 0.4%, and prices for chemical raw materials decreased by 0.2%.
Price of rare earth products on January 19, 2026
Images of neodymium oxide
