I. Analysis of China’s Rare Earth Price Trends in March 2025
According to China Tungsten Online, the price trends of light and heavy rare earth products in China during March 2025 showed distinct patterns. Prices of light rare earth products, such as praseodymium and neodymium, remained relatively stable with mild fluctuations, while heavy rare earth products, such as dysprosium and terbium, experienced more significant volatility. For light rare earths, factors such as a balanced supply-demand relationship, relatively high praseodymium-neodymium prices at the time, and the absence of major market-moving news led suppliers to maintain steady quotations throughout the month. In contrast, heavy rare earths, particularly terbium, saw larger price swings due to constrained imports of Myanmar ore, an earthquake in Myanmar toward the end of the month, and robust growth in the humanoid robotics industry, which bolstered demand.
II. Average Prices of Rare Earth Products in March 2025
In March 2025, most rare earth product prices in China increased both month-on-month and year-on-year, with some exceptions among heavy rare earths. The average prices for the month were as follows:
Praseodymium Oxide: 464,333 yuan/ton, up 2.64% month-on-month and 26.44% year-on-year.
Neodymium Oxide: 459,476 yuan/ton, up 3.09% month-on-month and 25.97% year-on-year.
Praseodymium-Neodymium Oxide: 444,000 yuan/ton, up 1.77% month-on-month and 25.78% year-on-year.
Praseodymium-Neodymium Metal: 545,619 yuan/ton, up 1.51% month-on-month and 25.43% year-on-year.
Terbium Oxide: 6,570 yuan/kg, up 7.07% month-on-month and 22.35% year-on-year.
Dysprosium Oxide: 1,701,905 yuan/ton, down approximately 0.99% month-on-month and 6.78% year-on-year.
Dysprosium-Iron Alloy: 1,657,143 yuan/ton, down approximately 2.13% month-on-month and 6.85% year-on-year.
From January to March 2025, most rare earth product prices also showed increases compared to both the previous period and the same period in the prior year:
Praseodymium Oxide: 447,579 yuan/ton, up 4.50% from the previous quarter and 12.40% year-on-year.
Neodymium Oxide: 440,719 yuan/ton, up 3.63% from the previous quarter and 11.73% year-on-year.
Praseodymium-Neodymium Oxide: 430,158 yuan/ton, up 2.98% from the previous quarter and 11.97% year-on-year.
Praseodymium-Neodymium Metal: 529,491 yuan/ton, up 2.55% from the previous quarter and 11.28% year-on-year.
Terbium Oxide: 6,211 yuan/kg, up 6.35% from the previous quarter and 8.21% year-on-year.
Dysprosium Oxide: 1,692,281 yuan/ton, down approximately 1.00% from the previous quarter and 13.11% year-on-year.
Dysprosium-Iron Alloy: 1,655,421 yuan/ton, down approximately 1.57% from the previous quarter and 13.45% year-on-year.
III. Price Trend Charts of Rare Earth Products in March 2025
Price trend chart of praseodymium oxide and neodymium oxide in March 2025
Price trend chart of praseodymium-neodymium oxide and praseodymium-neodymium metal in March 2025
Price trend chart of terbium oxide in March 2025
Price trend chart of dysprosium oxide in March 2025
Price trend chart of dysprosium-iron alloy in March 2025
