Price trend

On April 29th, the prices of rare earth elements in the dysprosium terbium series in China declined. Recently, the trading situation on the market has been average, with terbium oxide prices falling to 6.7 million RMB/ton, terbium metal prices falling by 50,000 RMB/ton to 8.4 million RMB/ton, dysprosium oxide prices falling to 1.61 million RMB/ton, dysprosium metal prices falling by 15,000 RMB/ton to 2.185 million RMB/ton, and dysprosium ferroalloy prices falling by 10,000 RMB/ton to 1.595 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 on-demand procurement was the main focus, and the situation of new orders was average. The prices of dysprosium series and terbium series in the heavy rare earth market have declined.

Market outlook

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

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