SunSirs: The Price Trend of Domestic Dysprosium Terbium Series Products Increased on August 5th

https://www.chemnet.com   Aug 06,2024 SunSirs

Price trend

On August 5th, the domestic prices of dysprosium terbium rare earth products rose, and the recent trading situation on the exchange was average. The price of terbium oxide increased by 100,000 RMB/ton to 5.575 million RMB/ton, the price of terbium metal increased by 50,000 RMB/ton to 6.575 million RMB/ton, the price of dysprosium oxide increased by 40,000 RMB/ton to 1.785 million RMB/ton, the price of dysprosium metal increased by 60,000 RMB/ton to 2.365 million RMB/ton, and the price of dysprosium ferroalloy increased by 40,000 RMB/ton to 1.74 million RMB/ton.

Analysis review

Recently, the market for new energy vehicles in the terminal market has remained stable, with normal transactions among downstream permanent magnet material manufacturers of rare earths. Downstream purchases have been mainly based on demand, with an increase in new orders. The prices of dysprosium series and terbium series in the heavy rare earth market have risen.

Market outlook

The price trend of dysprosium terbium rare earths in the later stage mainly fluctuate upwards.

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