For the Quarter Ending September 2025
North America
• In the United States, the Dysprosium Price Index remained stable quarter-over-quarter in Q3 2025, influenced by mixed macroeconomic signals.
• Dysprosium production costs were elevated by a 3.0% CPI increase in September 2025 and higher environmental compliance expenses.
• The Dysprosium Price Forecast suggests stability, balanced by sustained demand and rising input costs for downstream products.
• Demand for Dysprosium was supported by a 5.42% retail sales increase in September 2025, boosting consumer electronics and EV sectors.
• Dysprosium production costs saw moderation from weakening Henry Hub natural gas prices in Q3 2025.
• The Dysprosium Demand Outlook remains sustained due to critical mineral needs in electric vehicles and wind turbines in 2025.
• Industrial production growth of 0.1% in September 2025 indicated subdued manufacturing activity, tempering dysprosium demand.
• A 2.6% PPI increase in August 2025, alongside a 4.3% unemployment rate, suggested headwinds for dysprosium-containing components.
Why did the price of Dysprosium change in September 2025 in North America?
• Dysprosium production costs were pressured by a 3.0% CPI increase in September 2025 and environmental compliance.
• Demand was sustained by robust 5.42% retail sales growth in September 2025, particularly for electronics and EVs.
• Weakening Henry Hub natural gas prices in Q3 2025 moderated overall dysprosium production expenses.
APAC
• In China, the Dysprosium Price Index fell quarter-over-quarter in Q3 2025, driven by weak consumer and industrial demand.
• Dysprosium production costs inched up in Q3 2025 due to rising rare earth concentrate costs and upstream pressures.
• High-tech manufacturing output and wind power generation both increased in China during Q3 2025.
• China's Manufacturing Index was contracting in September 2025, signaling reduced new orders and production.
• Consumer Price Index fell 0.3% and Producer Price Index fell 2.3% in September 2025, reflecting price weakness.
• New regulations tightened control over rare earth minerals in August 2025, maintaining supply constraints.
• Rare earth magnet shipments contracted in September 2025, with US imports experiencing a sharp decline.
• Industrial production increased 6.5% and retail sales rose 3.0% in September 2025, offering demand support.
• The unemployment rate stood at 5.2% in September 2025, while consumer confidence remained low at 89.6.
Why did the price of Dysprosium change in September 2025 in APAC?
• Weak consumer confidence (89.6) and contracting Manufacturing Index in September 2025 dampened demand.
• Producer Price Index fell 2.3% and Consumer Price Index fell 0.3% in September 2025.
• Rare earth magnet shipments contracted in September 2025, with declining US imports, impacting trade.
Europe
• In Germany, the Dysprosium Price Index fell quarter-over-quarter in Q3 2025, driven by contracting manufacturing activity.
• Dysprosium production costs decreased in September 2025, influenced by a 1.7% year-over-year decline in producer prices.
• The Dysprosium demand outlook weakened due to a 1.0% year-over-year decrease in industrial production in September 2025.
• Manufacturing Index activity was contracting in Q3 2025, signaling reduced demand for raw materials like Dysprosium.
• Consumer spending, indicated by a 0.2% year-over-year rise in retail sales in September 2025, offered mild demand support.
• Stable unemployment at 6.3% in September 2025 supported consumer purchasing power for Dysprosium-containing products.
• Higher operational costs for Dysprosium were noted due to a 2.4% year-over-year increase in CPI in September 2025.
• The Dysprosium Price Index is forecast to remain stable to slightly falling, reflecting subdued industrial demand.
Why did the price of Dysprosium change in September 2025 in Europe?
• Industrial production declined by 1.0% year-over-year in September 2025, reducing overall demand for Dysprosium.
• The Manufacturing Index contracted in Q3 2025, indicating a slowdown in sectors consuming Dysprosium.
• Producer prices decreased by 1.7% year-over-year in September 2025, lowering production costs for Dysprosium.
