SunSirs: The Domestic Price Trend of Dysprosium Terbium Series Remained stable temporarily on November 1st

https://www.chemnet.com   Nov 04,2024 SunSirs

Price trend

On November 1st, the domestic prices of dysprosium terbium rare earth elements remained stable. The recent trading situation on the exchange was average, with terbium oxide prices at 6.3 million RMB/ton, terbium metal prices at 7.5 million RMB/ton, dysprosium oxide prices at 1.77 million RMB/ton, dysprosium metal prices at 2.4 million RMB/ton, and dysprosium ferroalloy prices at 1.715 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 purchases were mainly based on demand, and the situation of new orders was average. The price of dysprosium series in the heavy rare earth market was temporarily stable, while the price of terbium series was rising.

Market outlook

The price trend of dysprosium terbium rare earths in China in the later stage is mainly fluctuating.

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