Price trend
On August 30th, the domestic prices of dysprosium terbium rare earths declined, and the recent trading situation on the exchange was average. The price of terbium oxide was 5.6 million yuan/ton, the price of terbium metal decreased by 75,000 yuan/ton to 6.725 million yuan/ton, the price of dysprosium oxide decreased by 10,000 yuan/ton to 1.71 million yuan/ton, the price of dysprosium metal was 2.355 million yuan/ton, and the price of dysprosium ferroalloy decreased by 20,000 yuan/ton to 1.705 million yuan/ton.
Analysis review
Recently, the market for new energy vehicles in the terminal market had remained stable, with normal transactions among downstream permanent magnet material manufacturers of rare earths. Downstream purchases had been mainly based on demand, with average new orders. The prices of dysprosium series and terbium series in the heavy rare earth market had declined.
Market outlook
The price trend of dysprosium terbium rare earths in China in the later stage was mainly fluctuating downward.
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