Market update

Rare earth and strategic metals market update

10 of 12 tracked metals are higher year to date as of 27 October 2026. The next policy date is 27 November 2026, 30 days after 28 October 2026.

Prices as of 27 October 2026 · checked 28 October 2026

Price moves, ranked by year to date

Reference prices and year-to-date change, strongest first
MetalUSD per kgYTDSince Jan 2020
Dysprosium$2,166.15+377.23%+527.43%
Terbium$4,593.75+131.61%+587.68%
Germanium$10,196.74+75.39%+398.60%
Gallium$2,866.37+66.40%+861.22%
Rhenium$7,400.88+55.46%+332.42%
Bismuth$85.29+55.36%n/a
Praseodymium$182.21+26.45%+150.39%
Neodymium$174.45+16.85%+168.38%
Indium$850.50+2.11%+169.91%
Hafnium$9,609.37+1.15%+513.72%
Antimony$36.18−34.24%n/a
Tellurium$132.00−39.89%n/a

Supplier reference prices for metal; see price sources. They sit above wholesale benchmarks for small lots.

What to watch

The US ban on Chinese gallium, germanium and antimony shipments is suspended until 27 November 2026. The October 2025 rare earth package is also under a one-year suspension. Details are on the export-control timeline.

Market update: frequently asked questions

How often is the market update refreshed?

The page keeps one URL and is refreshed when reference prices change, which is usually after the weekly supplier update shows a move. The date at the top shows the latest price set.

What drives rare earth prices right now?

Chinese export policy. Two suspensions run out in November 2026, the US ban on gallium, germanium and antimony on 27 November 2026.