SunSirs: On January 4th, the Prices of Domestic Dysprosium Terbium Rare Earth Products Declined

https://www.chemnet.com   Jan 05,2024 SunSirs

　　Price trend

　　On January 4th, the price trend of dysprosium terbium series rare earths in China declined. Recently, the trading situation on the exchange had been average. The price of terbium oxide decreased by 200,000 RMB/ton to 6.95 million RMB/ton, the price of metallic terbium decreased by 100,000 RMB/ton to 8.75 million RMB/ton, the price of dysprosium oxide decreased by 60,000 RMB/ton to 2.365 million RMB/ton, the price of metallic dysprosium was 2.775 million RMB/ton, and the price of dysprosium ferroalloy decreased by 40,000 RMB/ton to 2.35 million RMB/ton.

　　Analysis review

　　The recent market situation of terminal new energy vehicles was still good, and the transaction situation of downstream permanent magnet material manufacturers of rare earth was normal. Recently, downstream procurement was mainly based on demand, and new orders were still acceptable. The price trend of dysprosium series in the heavy rare earth market had declined, while the price of terbium series had decreased.

　　Market outlook

　　The price trend of heavy rare earths in the later stage mainly fluctuates and decreases.

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