SunSirs: On June 19th, Prices of Some Domestic Products Such as Gadolinium, Europium, and Yttrium Declined

https://www.chemnet.com   Jun 20,2024 SunSirs

Price trend

On June 19th, the domestic market price trend of gadolinium europium yttrium series declined. The price of gadolinium oxide decreased by 2,500 RMB/ton to 167,500 RMB/ton, the price of europium oxide was 180,000 RMB/ton, the price of gadolinium iron alloy decreased by 2,500 RMB/ton to 160,000 RMB/ton, and the price of yttrium oxide was 49,000 RMB/ton.

Market outlook

The domestic light rare earth market prices had declined, but downstream was still in the stage of on-demand procurement, with prices mainly fluctuating in the short term.

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