I. Analysis of China's Rare Earth Price Trends in April 2025
According to CTIA GROUP LTD, the price trends of mainstream light and heavy rare earth products in China during April 2025 showed divergence: praseodymium-neodymium prices fluctuated downward, while dysprosium and terbium prices initially rose before declining. In the light rare earth market, praseodymium-neodymium product prices continued the downward trend from late March, primarily due to limited consumption capacity of magnetic material companies, relatively ample spot market supply, and prolonged price increases with significant gains earlier in the year (January to late March 2025).
In the medium and heavy rare earth market, during the first half of the month, factors such as disruptions in Myanmar’s rare earth ore imports, effective export controls on medium and heavy rare earths, and tightening spot market supply drove significant price increases by suppliers. For instance, terbium oxide prices rose from approximately 6,520 yuan/kg to around 7,300 yuan/kg, a 11.96% increase, while dysprosium oxide prices increased from about 1,660,000 yuan/ton to around 1,700,000 yuan/ton, a 2.41% rise. In the second half of the month, rapid price increases earlier, sluggish downstream demand follow-through, and waning positive drivers led to a significant price correction. By the end of the month, terbium oxide prices were slightly higher than at the beginning, while dysprosium oxide and dysprosium-iron alloy prices were lower than at the start of the month.
II. Average Prices of Rare Earth Products in April 2025
In April 2025, the prices of most rare earth products in China declined month-on-month but rose year-on-year. The average prices were as follows:
Praseodymium oxide: 450,318 yuan/ton, down 3.02% month-on-month, up 15.68% year-on-year.
Neodymium oxide: 444,364 yuan/ton, down 3.29% month-on-month, up 14.34% year-on-year.
Praseodymium-neodymium oxide: 425,909 yuan/ton, down 4.07% month-on-month, up 11.07% year-on-year.
Praseodymium-neodymium metal: 524,318 yuan/ton, down 3.90% month-on-month, up 9.91% year-on-year.
Terbium oxide: 6,895 yuan/kg, up 4.95% month-on-month, up 11.95% year-on-year.
Dysprosium oxide: 1,659,545 yuan/ton, down 2.49% month-on-month, down 16.12% year-on-year.
Dysprosium-iron alloy: 1,624,091 yuan/ton, down 1.99% month-on-month, down 16.41% year-on-year.
From January to April 2025, the prices of most rare earth products in China increased year-on-year. The average prices were:
Praseodymium oxide: 448,342 yuan/ton, up 13.21% year-on-year.
Neodymium oxide: 441,734 yuan/ton, up 12.36% year-on-year.
Praseodymium-neodymium oxide: 428,975 yuan/ton, up 11.64% year-on-year.
Praseodymium-neodymium metal: 528,051 yuan/ton, up 10.83% year-on-year.
Terbium oxide: 6,402 yuan/kg, up 9.17% year-on-year.
Dysprosium oxide: 1,683,165 yuan/ton, down 14.01% year-on-year.
Dysprosium-iron alloy: 1,646,696 yuan/ton, down 14.33% year-on-year.
III. Price Trend Charts of Rare Earth Products in April 2025
Praseodymium Oxide and Neodymium Oxide Price Trend Chart for April 2025
Praseodymium-Neodymium Oxide and Praseodymium-Neodymium Metal Price Trend Chart for April 2025
Terbium Oxide Price Trend Chart for April 2025
Dysprosium Oxide Price Trend Chart for April 2025
Dysprosium-Iron Alloy Price Trend Chart for April 2025
