There have been no significant changes in the overall domestic rare earth market. Under the intertwining of multiple and short factors, buyers and sellers are cautious in entering the market, product prices fluctuate in a narrow range, and the pace of transactions is slow. Currently, the prices of praseodymium oxide, gadolinium oxide, and holmium oxide are about 740,000 yuan/ton, 898,000 yuan/ton, and 640,000 yuan/ton, respectively. In terms of favorable factors, first, the supply of low-price supplies in the market is tightening and the development trend of high-end manufacturing is good, and suppliers are less willing to cut prices; second, rare earth concentrate trading prices rose in the fourth quarter of 2026, which strongly supports strong supplier prices. Judging from the negative factors, the relatively loose spot supply of raw materials and the lack of momentum for a sharp rise in short-term rare earth prices have led to a decline in the willingness of downstream users to purchase.

There have been no significant changes in the overall domestic rare earth market. Under the intertwining of multiple and short factors, buyers and sellers are cautious in entering the market, product prices fluctuate in a narrow range, and the pace of transactions is slow. Currently, the prices of praseodymium oxide, gadolinium oxide, and holmium oxide are about 740,000 yuan/ton, 898,000 yuan/ton, and 640,000 yuan/ton, respectively. In terms of favorable factors, first, the supply of low-price supplies in the market is tightening and the development trend of high-end manufacturing is good, and suppliers are less willing to cut prices; second, rare earth concentrate trading prices rose in the fourth quarter of 2026, which strongly supports strong supplier prices. Judging from the negative factors, the relatively loose spot supply of raw materials and the lack of momentum for a sharp rise in short-term rare earth prices have led to a decline in the willingness of downstream users to purchase.