Rare earth market update on October 16, 2025 The domestic rare earth market continues to perform poorly, with prices of praseodymium-neodymium series products further declining, low enthusiasm among traders for market engagement, and slow growth in actual orders. Today, the prices of praseodymium-neodymium oxide, praseodymium-neodymium metal, and holmium oxide decreased by approximately 7,000 yuan per ton, 10,000 yuan per ton, and 23,000 yuan per ton, respectively. Under these conditions, prices of different grades of neodymium-iron-boron blank blocks and their scrap…