SunSirs: The Prices of Some Domestic Dysprosium Terbium Series Products Fell on September 11th

https://www.chemnet.com   Sep 12,2024 SunSirs

Price trend

On September 11th, the price trend of dysprosium terbium rare earth elements in China declined. Recently, the trading situation on the exchange has been average, with terbium oxide prices falling by 300,000 RMB/ton to 6.025 million RMB/ton, terbium metal prices falling by 7.3 million RMB/ton, dysprosium oxide prices falling by 40,000 RMB/ton to 1.78 million RMB/ton, dysprosium metal prices falling by 2.41 million RMB/ton, and dysprosium ferroalloy prices falling by 25,000 RMB/ton to 1.72 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 average new orders. The prices of dysprosium series and terbium series in the heavy rare earth market have declined.

Market outlook

The price trend of dysprosium terbium series in the later stage is mainly fluctuating.

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