Analysis of China's Rare Earth Prices in March 2026 According to industry insights, the prices of mainstream light and heavy rare earth products in China experienced a volatile decline in March 2026. Specifically, the price of praseodymium oxide decreased by approximately 175,000 yuan per ton, a drop of 18.32%. Neodymium oxide prices fell by about 175,000 yuan per ton, down 18.42%. The price of praseodymium-neodymium oxide declined by roughly 185,000 yuan per ton, a reduction of 20.72%. Praseodymium-neodymium metal prices dropped by approximately 222,000 yuan per ton, falling 20.18%. Terbium oxide prices decreased by about 450 yuan per kilogram, down 6.87%. Dysprosium oxide prices fell by around 250,000 yuan per ton, a decline of 14.72%. The price of dysprosium-iron alloy dropped by approximately 260,000 yuan per ton, down 16.25%. By the end of March, the prices of mainstream light and heavy rare earth products were generally lower than at the beginning of February, indicating that the decline in March was more significant than the increase observed in February.
In February, praseodymium oxide prices had increased by 152,000 yuan per ton, neodymium oxide prices rose by 150,000 yuan per ton, praseodymium-neodymium oxide prices grew by 141,000 yuan per ton, praseodymium-neodymium metal prices increased by 185,000 yuan per ton, terbium oxide prices went up by 400 yuan per kilogram, dysprosium oxide prices rose by 220,000 yuan per ton, and dysprosium-iron alloy prices increased by 220,000 yuan per ton. The primary reasons for the price decline in March were the excessively rapid short-term price increases in February, which created a market correction demand. This was compounded by weaker-than-expected demand from downstream industries, leading to an imbalance between supply and demand that resulted in price adjustments.
Average Prices of Rare Earth Products in March 2026 In March 2026, the prices of most rare earth products in China decreased month-on-month. The average price of praseodymium oxide was 856,500 yuan per ton, down approximately 2.33% month-on-month but up about 84.46% year-on-year. Neodymium oxide averaged 850,045 yuan per ton, falling around 2.51% month-on-month while increasing about 85.00% year-on-year. Praseodymium-neodymium oxide averaged 782,909 yuan per ton, down roughly 4.58% month-on-month but up 76.33% year-on-year. Praseodymium-neodymium metal averaged 972,636 yuan per ton, decreasing about 2.51% month-on-month and rising 78.26% year-on-year. Terbium oxide averaged 6,241 yuan per kilogram, down approximately 1.48% month-on-month and falling 5.01% year-on-year. Dysprosium oxide averaged 1,462,727 yuan per ton, declining about 1.96% month-on-month and down 14.05% year-on-year. Dysprosium-iron alloy averaged 1,430,909 yuan per ton, decreasing roughly 1.45% month-on-month and falling 13.65% year-on-year.
Price Trend Charts for Rare Earth Products in March 2026 Charts illustrating the price trends for March 2026 include: - Praseodymium Oxide and Neodymium Oxide Price Trends - Praseodymium-Neodymium Oxide and Praseodymium-Neodymium Metal Price Trends - Terbium Oxide Price Trends - Dysprosium Oxide Price Trends - Dysprosium-Iron Alloy Price Trends
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