Price trend

On November 21st, the prices of some rare earth elements in the dysprosium terbium series in China fell. The recent trading situation on the exchange was average, with terbium oxide prices at 5.975 million RMB/ton, terbium metal prices falling by 25,000 RMB/ton to 7.25 million RMB/ton, dysprosium oxide prices at 1.665 million RMB/ton, dysprosium metal prices at 2.34 million RMB/ton, and dysprosium iron alloy prices at 1.635 million RMB/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

In the later stage, the domestic prices of dysprosium terbium rare earths is mainly fluctuating and falling.

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