Rare earth market update on April 11, 2025
The domestic rare earth market in China this week showed a certain degree of divergence, primarily characterized by a continued soft decline in prices for mainstream light rare earth products and a strong upward trend in medium and heavy rare earth prices. In the light rare earth market, praseodymium-neodymium prices fell due to low inquiry and procurement enthusiasm from magnetic material companies, coupled with stable production levels maintained by rare earth manufacturers. In the medium and heavy rare earth market, supplier optimism was bolstered by limited spot supply and the implementation of export controls, though transaction volumes still need improvement.
According to information from CTIA GROUP LTD, this week’s price changes include: praseodymium-neodymium oxide price dropped by approximately 11,000 yuan/ton, a decline of 2.48%; praseodymium-neodymium metal price fell by about 8,000 yuan/ton, a decrease of 1.47%; terbium oxide price rose by around 580 yuan/kg, an increase of 8.83%; dysprosium oxide price increased by approximately 30,000 yuan/ton, a rise of 1.81%; holmium oxide price surged by about 70,000 yuan/ton, a notable increase of 14.58%; 55N neodymium-iron-boron blanks showed no significant changes; and praseodymium-neodymium price in neodymium-iron-boron waste materials fell by roughly 1.90%.
Data from the National Bureau of Statistics indicates that in March 2025, China’s Producer Price Index (PPI) for industrial products fell by 2.5% year-on-year and 0.4% month-on-month. The industrial producer purchase price index declined by 2.4% year-on-year and 0.2% month-on-month. Regarding the year-on-year changes in the PPI: in March, the prices of production materials decreased by 2.8%, contributing approximately 2.09 percentage points to the overall decline in the PPI. Within this category, mining industry prices dropped by 8.3%, raw materials industry prices fell by 2.4%, and processing industry prices declined by 2.6%. For the industrial producer purchase prices, prices of ferrous metal materials fell by 7.8%, fuel and power prices decreased by 6.8%, chemical raw materials prices dropped by 3.4%, while non-ferrous metal materials and wire prices rose by 10.8%.
Price of rare earth products on April 11, 2025
Erbium oxide picture
