Price trend

On January 10th, the prices of rare earth elements in the dysprosium terbium series in China declined. Recently, the trading situation on the exchange has been average, with terbium oxide prices dropping by 50,000 RMB/ton to 5.9 million RMB/ton, terbium metal prices at 7.3 million RMB/ton, dysprosium oxide prices at 1.655 million RMB/ton, dysprosium metal prices at 2.19 million RMB/ton, and dysprosium ferroalloy prices at 1.605 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 declining.

Market outlook

In the later stage, the domestic prices of dysprosium terbium rare earths will mainly be fluctuating.

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