SunSirs: On June 18th, the Domestic Price Trend of Dysprosium Terbium Series Remained Temporarily Stable

https://www.chemnet.com   Jun 19,2024 SunSirs

Price trend

On June 18th, the price trend of dysprosium terbium series rare earths in China was temporarily stable. The recent trading situation on the exchange was average, with the price of terbium oxide at 5.95 million RMB/ton, metal terbium at 7.25 million RMB/ton, dysprosium oxide at 1.895 million RMB/ton, metal dysprosium at 2.495 million RMB/ton, and dysprosium ferroalloy at 1.85 million RMB/ton

Analysis review

The recent market situation for terminal new energy vehicles was still good, and the transaction situation of downstream permanent magnet material manufacturers of rare earths was normal. Recently, downstream procurement was mainly based on demand, with average new orders. The price of dysprosium series in the heavy rare earth market had increased, while the price of terbium series had risen

Market outlook

The price trend of dysprosium terbium based rare earths in the later stage is mainly upward.

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