On November 12, the domestic ex-factory reference price of holmium oxide increased by 10,000 yuan per ton, currently quoted at 675,000-685,000 yuan per ton, with an average price of 680,000 yuan per ton.

Jinchuan Company reduced the ex-factory price of Jinchuan nickel from 124,800 yuan per ton to 124,700 yuan per ton on November 12, 2026, a decrease of 100 yuan.

On November 12, the prices of dysprosium and terbium series rare earths in China showed an upward trend. Recently, the on-site transaction situation is average. The price of terbium oxide increased by 100,000 yuan/ton to 6.9 million yuan/ton, the price of terbium metal increased by 100,000 yuan/ton to 8.45 million yuan/ton, the price of dysprosium oxide increased by 20,000 yuan/ton to 1.545 million yuan/ton, the price of dysprosium metal increased by 20,000 yuan/ton to 2.05 million yuan/ton, and the price of dysprosium ferroalloy increased by 20,000 yuan/ton to 1.495 million yuan/ton. Recently, the market of new energy vehicles as the terminal is in a good condition, the transaction situation of permanent magnet material manufacturers in the downstream of rare earths is normal. Recently, the downstream mainly purchases on demand, and the situation of new orders is average. The price of dysprosium series in the heavy rare earth market has risen, and the price of terbium series has temporarily trended higher.