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United StatesQ1 2025
In Q1 2025, the cerium market experienced a notable price decline of $34,472 per metric ton, FOB Shanghai representing a 0.75% decrease. This modest dip suggests a relatively stable market influenced by slight shifts in supply-demand dynamics. Factors potentially contributing to the price reduction include a marginal oversupply from Chinese producers, reduced demand from the automotive and electronics sectors, or broader economic uncertainties impacting rare earth consumption. Despite the drop, the percentage change remains minor, indicating that the market is not undergoing drastic volatility but rather a controlled correction or seasonal adjustment. Monitoring geopolitical developments and downstream industrial activity will be essential for forecasting future trends in cerium pricing.
Q4 2024
In Q4 2024, the price of cerium experienced a notable increase, rising by $34,733 per metric ton, FOB Shanghai which represents a 1.43% growth compared to the previous quarter. This uptick reflects strengthening demand, particularly from the automotive and renewable energy sectors, where cerium is used in catalytic converters and glass polishing applications. The moderate yet significant percentage rise suggests a stable but growing market interest, possibly driven by tightened supply chains and increased investment in green technologies. Overall, the price movement indicates a positive trajectory for cerium, hinting at sustained industrial reliance and potential further gains into early 2025.
Q3 2024
In Q3 2024, cerium experienced a notable price increase, rising by $34,242 per metric ton, FOB Shanghai equivalent to a 1.77% gain. This upward trend reflects tightening supply conditions amid sustained industrial demand, particularly from the automotive and electronics sectors where cerium is used in catalytic converters and polishing compounds. The moderate percentage increase, despite the significant nominal rise, suggests a high baseline price, indicating cerium’s established value in the rare earth market. Market analysts attribute the movement to both strategic stockpiling and geopolitical factors affecting global rare earth supply chains, particularly involving major producers like China.
Q2 2024
In Quarter 2 of 2024, cerium prices are expected to experience a significant increase of $33,648 per metric ton, FOB Shanghai reflecting a 5.79% rise. This price surge is likely to be driven by factors such as increased demand for cerium in industries like renewable energy and electronics, along with supply chain constraints that are tightening the availability of rare earth elements. Additionally, geopolitical tensions and trade policies could also be influencing the market dynamics, leading to higher costs for cerium production and distribution. The increase in cerium prices might impact manufacturers who rely on this metal for catalysts, polishing agents, and other specialized applications, potentially raising production costs across various sectors.
Q1 2024
In Quarter 1 of 2024, cerium prices saw a notable increase, rising by $31,805 per metric ton, FOB Shanghai reflecting a 6.31% surge. This price escalation is likely driven by various factors such as increased demand in key sectors like electronics, automotive, and renewable energy, where cerium plays a critical role in catalytic converters, polishing agents, and battery technologies. Additionally, supply chain disruptions, production challenges, or shifts in mining capacity could have contributed to the tight supply, further pushing prices upward. The 6.31% rise in cerium cost marks a significant shift, indicating growing market dynamics and the potential for continued price volatility, depending on the stability of supply and demand trends.
Q1 2025
In Q1 2025, cerium prices in India experienced a decline of $35,882 per metric ton, CIF Nhava Sheva (China) reflecting a 0.35% decrease. This downturn aligns with global market trends observed in the previous quarter, where cerium prices in regions like North America and China also saw reductions due to factors such as increased supply and decreased demand in key sectors like construction and automotive. The Indian market, though smaller in scale, mirrors these global dynamics, with key applications in glass, alloys, and catalysts. The automotive sector’s demand for cerium hydroxide, particularly in catalytic converters, is influenced by factors like emission regulations and vehicle production rates.
Q4 2024
In Q4 2024, cerium prices in India rose by $36,008 per metric ton, CIF Nhava Sheva (China) a 2.01% increase, driven by robust demand in the domestic market. While global cerium prices, particularly in China and the U.S., experienced declines due to factors like increased supply and reduced demand in industries such as automotive and construction, India saw a contrasting trend. The country’s growing automotive sector, stricter emission standards, and the expansion of electric vehicle technologies boosted the demand for cerium-based catalysts. This, coupled with a rise in cerium usage in electronics, led to the price increase, showcasing India’s strengthening position in the global cerium market amidst a global downturn.
Q3 2024
In the third quarter of 2024, cerium prices in India saw a significant increase of $35,297 per metric ton, CIF Nhava Sheva (China) marking a 2.61% rise. This price uptick is attributed to stable supply conditions, moderate demand, and continued growth in key sectors like automotive, electronics, and renewable energy, where cerium is heavily used, especially in catalytic converters and various industrial applications. The rise in prices is also linked to external market factors and logistical challenges impacting the global supply chain. Despite some economic uncertainty, cerium’s demand remains strong due to stricter emission regulations and growth in electric vehicle production. Looking ahead, the market is expected to grow steadily, with cerium applications continuing to drive demand across diverse industries.
Q2 2024
In the second quarter of 2024, the cerium market in India saw a notable price increase of $34,398 per metric ton, CIF Nhava Sheva (China) reflecting a 6.11% rise. This surge was driven by global supply constraints, particularly from China, where reduced inventories and rising prices from major producer Northern Rare Earth (NRE) created upward pressure. Additionally, strong demand from sectors such as automotive, where cerium is used in catalytic converters, as well as electronics and glass polishing, contributed to the price hike. India’s growing industrial needs, including in defense and technology, further supported the upward price trend, positioning cerium as a crucial material in key applications. This price increase is also aligned with the broader global market dynamics, where cerium’s demand continues to rise.
Q1 2024
In Q1 2024, cerium prices in India experienced a notable increase, rising by $32,417 per metric ton, CIF Nhava Sheva (China) which translates to a 6.24% uptick. This surge can be attributed to several key factors influencing both domestic and global markets. Globally, cerium prices were affected by shifts in supply and demand dynamics, including increased production in regions like China, which led to price fluctuations.
Domestically, India’s cerium market is projected to reach a revenue of USD 3.3 million by 2028, growing at a compound annual growth rate (CAGR) of 3.8% from 2022 to 2028. This growth is driven by rising demand in sectors such as automotive, electronics, and renewable energy, where cerium plays a crucial role in catalytic converters, polishing agents, and energy storage technologies. Additionally, fluctuations in global supply chains and geopolitical factors have contributed to price volatility, impacting the Indian cerium market. Overall, the 6.24% price increase reflects a complex interplay of domestic demand, global supply conditions, and market uncertainties.
PriceWatch is your trusted resource for tracking global cerium price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the cerium market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, PriceWatch keeps you fully informed of market dynamics.
In addition, PriceWatch provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With PriceWatch, you gain a competitive edge in understanding all the elements that influence cerium prices worldwide. Stay ahead of the curve with PriceWatch’s reliable, accurate, and timely cerium market data.
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Molecular Weight[g/mol]
CAS No
HS Code
Molecular Formula
Cerium are refined metal products derived from the byproducts of aluminum and zinc processing. Known for their low melting point, high thermal stability, and unique electrical properties, Cerium is a critical material in semiconductors, solar cells, and advanced electronics. Its versatility makes it indispensable for emerging technologies and high-performance applications.
Packaging Type
Grades Covered
Incoterms Used
Synonym
PriceWatch Quotation Terms:
Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.
| Property | Specification |
| Chemical Symbol | Ce |
| Atomic Number | 58 |
| Atomic Weight | 140.12 u |
| Purity | Typically, ≥ 99.0% |
| Physical Form | Ingot |
| Density | 6.77 g/cm³ |
| Melting Point | 798°C |
| Boiling Point | 3,443°C |
Applications
Cerium’s versatility and advanced performance characteristics make it indispensable across diverse industries, especially in sectors prioritizing energy efficiency, lightweight materials, and cutting-edge technology.
The pricing of Cerium Ingot is influenced by several factors, including:
Supply & Availability
Primary Production: Cerium is a byproduct of aluminum (bauxite) and zinc processing. Limited primary production affects availability.
Global Reserves: Major producers include China, Germany, Japan, and South Korea. Restrictions or increased production impact pricing.
Demand from Key Industries
Semiconductors & Electronics: Used in GaAs and GaN-based semiconductors for LEDs, solar cells, and 5G technology.
Aerospace & Defense: Increasing military applications drive demand.
Renewable Energy: Thin-film solar panels and high-efficiency energy systems boost consumption.
Purity & Quality
Higher purity (5N, 6N, or 7N) commands higher prices due to refined processing requirements.
Geopolitical Factors
Export restrictions or tariffs from major suppliers (e.g., China, the largest producer) can create price fluctuations.
Market Speculation & Investment Trends
Investors and market traders can influence short-term price volatility.
Alternative Materials & Substitutes
If alternative materials (e.g., silicon, indium, or perovskite) become more viable, demand and prices for Cerium could decrease.
Processing & Refinement Costs
Energy-intensive purification processes affect pricing, especially with rising electricity costs.
Currency Exchange Rates
Since Cerium is traded internationally, fluctuations in USD, CNY, or EUR impact its market price.
Feedstock prices such as bauxite and zinc residues directly impact production costs, influencing Cerium pricing.
Cerium prices rise with inflation due to increased production costs, though technological demand often sustains pricing despite broader economic trends.
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