Jin Rong Jie·2026-02-26 15:09Core Viewpoint - The rare earth market is experiencing mixed price movements, with some products increasing in price while others are declining, indicating a cautious market sentiment among downstream production enterprises [1] Price Movements - Praseodymium and neodymium oxide averages at 886,100 CNY/ton, up by 3,200 CNY/ton - Praseodymium and neodymium metal averages at 1,081,000 CNY/ton, up by 11,500 CNY/ton - Dysprosium oxide averages at 1,612,700 CNY/ton, down by 11,800 CNY/ton - Terbium oxide averages at 6,494,500 CNY/ton, up by 17,200 CNY/ton [1] Market Dynamics - Upstream suppliers are maintaining high price quotes, particularly for praseodymium and neodymium products, which are on an upward trend - As enterprises gradually resume operations, market inquiries are increasing, leading to improved actual transaction conditions - However, downstream production enterprises have sufficient inventory, resulting in cautious purchasing behavior [1] Trading Activity - After a significant price increase in mid-heavy rare earths post-New Year, recent price declines are noted due to a lack of transaction support - Overall, as production enterprises return to normal operations, purchasing and trading activities are expected to gradually increase, although the current market remains predominantly cautious [1] A-Share Market Performance - A-share market performance for rare earth permanent magnet concept stocks on February 26, 2026: - Youyan Powder Materials (688456) latest price: 68.47 CNY, change: +5.84%, turnover: 446 million CNY - Jiuwu High-Tech (300631) latest price: 31.81 CNY, change: +4.23%, turnover: 599 million CNY - Zhangguang Co. (301092) latest price: 41.18 CNY, change: +3.21%, turnover: 338 million CNY - Longhua Technology (300263) latest price: 12.33 CNY, change: +3.01%, turnover: 1243 million CNY - Steel Research Nack (300797) latest price: 18.51 CNY, change: +1.98%, turnover: 159 million CNY [1]