For the Quarter Ending September 2025
North America
• In United States, the Terbium Price Index rose quarter-over-quarter, driven by robust demand in key sectors and rising production costs.
• Terbium production costs increased due to rising natural gas prices in September 2025 and a 2.6% PPI rise in August 2025.
• Demand for Terbium was strong in electric vehicles and electronics manufacturing during Q3 2025.
• The Terbium Price Index was influenced by a 3.0% year-over-year CPI increase in September 2025, impacting operational expenses.
• U.S. electric vehicle sales surged to record levels in Q3 2025, significantly boosting Terbium demand in automotive applications.
• Electronics manufacturing sector production output demonstrated rapid growth in August 2025, increasing Terbium consumption.
• Industrial production showed a marginal 0.1% year-over-year increase in September 2025, indicating slow broader manufacturing growth.
• U.S. import volumes of rare earth magnets sharply increased in July 2025, influencing Terbium availability in Q3 2025.
Why did the price of Terbium change in September 2025 in North America?
• Rising natural gas prices in September 2025 increased industrial energy costs for rare earth processing.
• Strong consumer spending, with retail sales up 5.42% year-over-year in September 2025, boosted demand for electronics.
• Producer Price Index increased 2.6% year-over-year in August 2025, raising input costs for Terbium production.
APAC
• In China, the Terbium Price Index fell quarter-over-quarter in Q3 2025, due to deflationary pressures and contracting manufacturing.
• Terbium production costs remained stable in Q3 2025, as industrial electricity prices showed little change.
• Terbium demand outlook is mixed; retail sales grew 3.0% in September 2025, but consumer confidence was low at 89.6.
• Electronic information manufacturing and high-tech output surged in Q3 2025, alongside expanded new energy vehicle production.
• China significantly tightened rare earth mineral quotas in August 2025, including imported raw materials, impacting Terbium supply.
• China's rare earth exports saw a monthly dip in August 2025, following a July surge, affecting global trade flows.
• The Terbium Price Forecast suggests continued pressure from negative CPI (-0.3%) and PPI (-2.3%) in September 2025.
• Industrial production grew 6.5% in September 2025, providing some underlying support for Terbium consumption.
Why did the price of Terbium change in September 2025 in APAC?
• Deflationary pressures from CPI at -0.3% and PPI at -2.3% in September 2025 dampened overall market pricing.
• Manufacturing Index contracting in September 2025 indicated reduced industrial demand for raw materials.
• Tightened rare earth quotas in August 2025 and a dip in exports influenced supply dynamics.
Europe
• In Germany, the Terbium Price Index fell quarter-over-quarter in Q3 2025, driven by weakening downstream demand and inventory accumulation.
• Terbium demand weakened as Germany's Industrial Production declined 1.0% in September 2025.
• Manufacturing activity contracted in Q3 2025, reducing demand for raw materials like Terbium.
• Terbium production costs faced upward pressure from rare earth concentrate prices in Q3 2025.
• Producer prices decreased 1.7% in September 2025, mainly due to lower energy prices.
• Consumer Price Index increased 2.4% in September 2025, impacting consumer purchasing power.
• Retail sales in Germany rose 0.2% in September 2025, offering slight support for consumer electronics.
• Electric vehicle sales growth decelerated in Q3 2025, impacting automotive sector Terbium demand.
• Inventory accumulation occurred in Q3 2025 due to weakening downstream demand.
• The Terbium price forecast suggests continued downward pressure from demand weakness and inventory levels.
Why did the price of Terbium change in September 2025 in Europe?
• Weakening downstream demand, including decelerated EV sales, reduced Terbium consumption.
• Inventory accumulation in Q3 2025 signaled oversupply relative to market demand.
• Rising rare earth concentrate prices in Q3 2025 exerted upward pressure on production costs.