Price trend

On March 10th, the prices of rare earth elements in the dysprosium terbium series in China rose. Recently, the trading situation on the market has been average, with terbium oxide prices at 6.675 million RMB/ton and terbium metal prices at 8.2 million RMB/ton. Dysprosium oxide prices increased by 15,000 RMB/ton to 1.725 million RMB/ton, dysprosium metal prices at 2.325 million RMB/ton, and dysprosium iron alloy prices at 1.68 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 has risen, while the price of terbium series was temporarily stable.

Market outlook

In the later stage, the prices of dysprosium terbium rare earths will mainly fluctuate.

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