Zheng Quan Shi Bao·2026-01-11 07:10Core Viewpoint - The Baotou Rare Earth Products Exchange (referred to as "Rare Exchange") has officially launched a rare earth price index, which aims to provide timely, accurate, and transparent price references for the rare earth industry, reflecting overall price trends and specific product variations in the market [1]. Group 1: Price Index Launch - The rare earth price index is based on the exchange's trading data and extensive collection of compliant trade data, developed using rigorous index models from research institutions [1]. - The index covers mainstream rare earth products such as lanthanum, cerium, praseodymium, and neodymium, and aims to support the healthy and orderly development of the rare earth market [1]. - The index was first announced on December 5, 2025, during the 2025 Entrepreneurs Forum in Boao, and has garnered significant attention from the rare earth industry [1]. Group 2: Future Plans - The Rare Exchange plans to continuously optimize the index content, enrich the index system, expand the index platform's publication, and enhance the promotion of index applications [1]. - The goal is to establish the index as an indispensable price "barometer" and "weather vane" in the rare earth product circulation sector, contributing to the construction of a unified national market for rare earths [1]. Group 3: Company Background - The Rare Exchange was established with contributions from 13 major rare earth enterprises and related institutions, including Northern Rare Earth, China Rare Earth, and others [2]. - The exchange was officially launched on August 8, 2012, and has since passed various national reviews and received high-tech enterprise certification in 2022 [2]. Group 4: Price Adjustments - On January 9, Baogang Co. and Northern Rare Earth announced an increase in the associated transaction price for rare earth concentrates for the first quarter of 2026 to 26,834 yuan/ton (excluding tax, dry weight, REO=50%) [2]. - Northern Rare Earth also confirmed that the price for the first quarter of 2026 would be adjusted to the same figure, reflecting a 37% increase from the previous quarter's price of 26,205 yuan/ton [3]. Group 5: Market Dynamics - Since 2024, the trading price of rare earth concentrates has been on the rise, indicating a growing demand and potential supply constraints in the market [4]. - Rare earth elements are classified into light and heavy rare earths, with heavy rare earths being rarer and more unevenly distributed, primarily concentrated in China [4].