SunSirs: On April 10th, Prices of Dysprosium Terbium Rare Earth Products in China Were Mixed
April 11 2024 15:18:17 SunSirs (John)
Price trend
On April 10th, the prices of dysprosium terbium series rare earths in China fluctuated. Recently, the trading situation on the exchange was average, with the price of terbium oxide dropping by 50,000 RMB/ton to 6.25 million RMB/ton, the price of metallic terbium dropping by 7.35 million RMB/ton, the price of dysprosium oxide dropping by 15,000 RMB/ton to 1.955 million RMB/ton, the price of metallic dysprosium dropping by 2.555 million RMB/ton, and the price of dysprosium ferroalloy rising by 20,000 RMB/ton to 1.965 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 procurement was mainly based on demand, with average new orders. The price trend of dysprosium series in the heavy rare earth market was fluctuating, and the price of terbium series was decreasing.
Market outlook
The price trend of dysprosium terbium series rare earths in the later stage is mainly volatile.
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