Price trend
On April 8th, the price trend of dysprosium terbium rare earth elements in China rose. Recently, the trading situation on the market has been average. The price of terbium oxide increased by 100,000 RMB/ton to 6.8 million RMB/ton, the price of terbium metal increased by 150,000 RMB/ton to 8.35 million RMB/ton, the price of dysprosium oxide increased by 15,000 RMB/ton to 1.715 million RMB/ton, the price of dysprosium metal was 2.27 million RMB/ton, and the price of dysprosium ferroalloy increased by 10,000 RMB/ton to 1.65 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 prices of dysprosium series and terbium series in the heavy rare earth market have risen.
Market outlook
In the later stage, the domestic prices of dysprosium terbium rare earths will fluctuate mainly.
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