A-share rare earth permanent magnet stocks saw intraday price surges, with Longci Technology rising over 10%, followed by Shenghe Resources, Huaxin Environmental Protection, Jiuling Technology, and China Rare Earth Group. According to data from the Baotou Rare Earth Products Exchange, as of February 11, the average price of praseodymium oxide reached 877,000 yuan/ton, an increase of over 260,000 yuan/ton this year, representing a 43.42% increase; the average price of neodymium oxide reached 870,000 yuan/ton, an increase of 260,000 yuan/ton this year, representing a 42.62% increase; the cumulative year-to-date increases for praseodymium oxide, neodymium metal, and praseodymium metal all exceeded 35%.
