Rare Earth Market Update - April 14, 2025

Rare earth market update on April 14, 2025

At the start of the week, the domestic rare earth market in China showed a generally lackluster performance. Praseodymium-neodymium prices continued to decline, while mainstream medium and heavy rare earth products lacked sufficient momentum for price increases, resulting in low transaction volumes.

In the light rare earth market, weak downstream demand and relatively high spot inventory levels prompted suppliers to slightly lower their quotations. Additionally, recent fluctuations and declines in raw material prices have led to a drop in neodymium-iron-boron blank prices. In the medium and heavy rare earth market, a pattern of high prices with minimal trading persisted. Although limited spot supply continued to support holders’ reluctance to sell and their confidence in maintaining firm prices, downstream users exhibited significant caution due to recent sharp price increases.

According to the Jiangxi Development and Reform Commission, in March 2025, the average sales price per ton in Ganzhou for high-yttrium oxide (rare earth) was 205,000 yuan, and for medium-yttrium europium oxide (rare earth) was 186,000 yuan, reflecting slight month-on-month increases of 2.50% and 2.20%, respectively, and year-on-year rises of 5.13% and 14.81%. The average sales price per ton for Ganzhou tungsten concentrate was 140,000 yuan, down 3.11% month-on-month but up 10.67% year-on-year.

Price of rare earth products on April 14, 2025

Neodymium oxide picture

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