March 4, 2025: Decoding the Rare Earth Price Fluctuations

March, 4, 2025 Unit: 10,000 yuan/ton
Product name	Product Specification	Highest price	Lowest price	Average price	Yesterday’s average price	Change
Praseodymium neodymium oxide	Pr₆O₁₁+Nd₂O₃/TREO≥99%,Nd₂O₃/TREO≥75%	44.20	43.70	43.97	44.51	-0.54 ↓
praseodymium neodymium metal	TREM≥99%, Pr≥20%-25%, Nd≥75%-80%	54.50	54.00	54.25	54.50	-0.25 ↓
Neodymium metal	Nd/TREM≥99.9%	56.50	55.30	55.90	56.20	-0.30 ↓
Dysprosium oxide	Dy₂O₃/TREO≥99.5%	172.00	170.00	170.63	171.39	-0.76 ↓
Terbium oxide	Tb₄O₇/TREO≥99.99%	660.00	655.00	657.33	655.75	1.58 ↑
Lanthanum oxide	TREO≥97.5% La₂O₃/REO≥99.99%	0.46	0.43	0.45	0.44	0.01 ↑
Cerium oxide	TRE0≥99% Ce02/RE0≥99.95%	1.30	1.10	1.18	1.12	0.06 ↑
Lanthanum cerium oxide	TREO≥99% La₂O₃/REO 35%±2,CeO₂/REO 65%±2	0.42	0.42	0.42	0.41	0.01 ↑
Cerium metal	TREO≥99% Ce/TREM≥99%C≤0.05%	2.90	2.70	2.77	2.73	0.04 ↑
Lanthanum Metal	TRE0≥99%La/TREM≥99%C≤0.05%	2.00	1.85	1.90	1.90	0.00 —
Lanthanum Metal	TREO≥99% La/TREM≥99%Fe≤0.1% C≤0.01%	2.20	2.13	2.17	2.17	0.00 —
Lanthanum Cerium metal	TREO≥99% La/TREM:35%±2;Ce/TREM:65%±2 Fe≤0.5% C≤0.05%	1.75	1.65	1.70	1.69	0.01 ↑
Lanthanum carbonate	TREO≥45% La₂O₃/REO≥99.99%	0.30	0.28	0.29	0.28	0.01 ↑
Cerium carbonate	TREO≥45% CeO₂/REO≥99.95%	0.88	0.86	0.87	0.85	0.02 ↑
Lanthanum Cerium carbonate	TREO≥45% La₂O₃/REO:33-37;CeO₂/REO: 63-68%	0.14	0.12	0.13	0.13	0.00 —
Europium Oxide	TRE0≥99%Eu203/RE0≥99.99%	18.50	18.30	18.40	18.40	0.00 —
Gadolinium oxide	Gd₂O₃/TREO≥99.5%	16.50	16.00	16.38	16.50	-0.12 ↓
Praseodymium oxide	Pr₆O₁₁/TREO≥99.0%	46.50	45.60	45.93	46.50	-0.57 ↓
Samarium oxide	Sm₂O₃/TREO≥99.5%	1.40	1.34	1.37	1.37	0.00 —
Samarium Metal	TREM≥99%	7.50	7.40	7.47	7.47	0.00 —
Erbium oxide	Er₂O₃/TREO≥99%	29.60	29.50	29.55	29.63	-0.08 ↓
Holmium oxide	Ho₂O₃/TREO≥99.5%	46.50	46.00	46.13	46.25	-0.12 ↓
Yttrium oxide	Y₂O₃/TREO≥99.99%	4.80	4.50	4.70	4.70	0.00 —

Rare Earth Market Analysis: Price Fluctuations and Trends

“The rare earth market today exhibits a complex interplay of factors, resulting in a generally weak but active trading environment. This analysis delves into the price fluctuations of key rare earth elements on March 4, 2025, examining the drivers behind these changes and their potential impact on downstream industries, particularly technology manufacturing.”

Key Market Trends:

Raw Material Costs vs. Separation Plant Quotations: “The sustained high purchase prices of raw materials are contributing to firm shipping quotations from separation plants. However, this is countered by sluggish downstream demand, leading to a price game characterized by range-bound adjustments.”
Praseodymium-Neodymium (PrNd) Price Dynamics:
- “The average price of praseodymium-neodymium oxide has decreased to 439,700 yuan/ton, a drop of 5,400 yuan/ton. Similarly, praseodymium-neodymium metal prices fell to 542,500 yuan/ton, a decline of 2,500 yuan/ton. These price reductions reflect the current demand-supply imbalance.”
Dysprosium and Terbium Market Activity:
- “Dysprosium oxide saw a price decrease to 1,706,300 yuan/ton, down 7,600 yuan/ton. Conversely, terbium oxide experienced a price increase to 6,573,300 yuan/ton, rising by 15,800 yuan/ton. These contrasting trends highlight the volatility within the rare earth market.”
Cerium Oxide Price Increase:
- “Cerium oxide experienced a price increase to 11,800 yuan/ton, an increase of 6,000 yuan/ton.”
Oxide and Metal Market Dynamics:
- “The oxide market is witnessing limited price reduction transactions. Metal factories are attempting to raise quotations based on oxide purchase prices, but magnetic material companies are showing low purchasing activity and limited acceptance.”
Rare Earth Waste Market:
- “The rare earth waste market is predominantly weak and volatile. While some merchants maintain strong quotations, companies are reluctant to accept high prices. The market’s sensitivity to mainstream rare earth product price fluctuations is significant. Declining praseodymium neodymium prices exert downward pressure on scrap recycling prices, compressing recycling company profit margins and dampening recycling enthusiasm.”

Short-Term Outlook:

“In the short term, rare earth prices are expected to maintain an oscillating adjustment trend, influenced by ongoing demand-supply dynamics and raw material cost pressures. Industry stakeholders should closely monitor these fluctuations to mitigate potential risks and capitalize on emerging opportunities.”