Price trend
On June 14th, the prices of some rare earths in the domestic dysprosium terbium series rose. Recently, the trading situation on the exchange had been average. The price of terbium oxide was 5.9 million RMB/ton, the price of metallic terbium was 7.2 million RMB/ton, the price of dysprosium oxide had increased by 10,000 RMB/ton to 1.87 million RMB/ton, the price of metallic dysprosium was 2.48 million RMB/ton, and the price of dysprosium ferroalloy was 1.83 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 procurement was mainly based on demand, with average new orders. The price of dysprosium series in the heavy rare earth market had increased, and the price of terbium series had temporarily stabilized.
Market outlook
The price trend of dysprosium terbium series rare earths in the later stage is mainly fluctuating.
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