On April 4, 2025, the Ministry of Commerce, in collaboration with the General Administration of Customs of the People’s Republic of China, issued an announcement regarding the implementation of export control measures on seven categories of medium and heavy rare earth-related items, including samarium (Sm), gadolinium (Gd), terbium (Tb), dysprosium (Dy), lutetium (Lu), scandium (Sc), and yttrium (Y). These measures took effect immediately upon the announcement’s release.

Rare earth market update on April 2, 2025

The domestic rare earth price as a whole show a narrow fluctuation trend.

Rare earth market update on April 3, 2025

This week, the domestic rare earth market maintained a sideways trend, characterized by minimal price changes for most products and low enthusiasm among traders to engage in market activities. Specifically, the price of praseodymium-neodymium oxide rose by approximately 1,000 yuan, a 0.23% increase; terbium oxide increased by about 120 yuan, a 1.86% rise; and dysprosium oxide also saw a similar increase of around 120 yuan, up 1.86%.

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.