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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