SunSirs: On January 11th, Prices of Some Domestic Dysprosium Terbium Series Products Declined
January 12 2024 14:29:29 SunSirs (John)
Price trend
On January 11th, the price trend of dysprosium terbium series rare earths in China declined. Recently, the trading situation on the exchange had been average. The price of terbium oxide decreased by 200,000 RMB/ton to 6.1 million RMB/ton, the price of metallic terbium decreased by 200,000 RMB/ton to 7.65 million RMB/ton, the price of dysprosium oxide decreased by 90,000 RMB/ton to 2.015 million RMB/ton, the price of metallic dysprosium was 2.405 million RMB/ton, and the price of dysprosium ferroalloy decreased by 100,000 RMB/ton to 2 million RMB/ton.
Analysis review
The recent market situation of terminal new energy vehicles was still good, and the transaction situation of downstream permanent magnet material manufacturers of rare earths was normal. Recently, downstream procurement was mainly based on demand, with few new orders. The price trend of dysprosium series and terbium series in the heavy rare earth market was declining, and the price trend is mainly declining in the later stage.
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