The rare earth permanent magnet sector is rising against the trend, and BSU has hit the limit up

In the morning session, the rare earth permanent magnet sector strengthened against the trend, with BSU hitting the daily limit, and Jiuling Technology, Jinli Permanent Magnet, Benlang New Materials, China Rare Earth, and CNRE seeing significant gains. On the news front, BSU and CNRE announced on the evening of October 10 that they would raise the associated transaction price for rare earth concentrates in the fourth quarter of 2025. It is reported that CNRE has adjusted the transaction price for rare earth concentrates in the fourth quarter of 2025 to 26,205 yuan/ton excluding tax, a 37% increase compared to the previous quarter. For every 1% increase or decrease in REO, the price excluding tax will increase or decrease by 524.10 yuan/ton