SunSirs: On June 5th, the Domestic Price Trend of Dysprosium Terbium Series Declined
June 06 2024 14:39:08 SunSirs (John)
Price trend
On June 5th, 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 100,000 RMB/ton to 6.075 million RMB/ton, the price of metallic terbium decreased by 100,000 RMB/ton to 7.4 million RMB/ton, the price of dysprosium oxide decreased by 30,000 RMB/ton to 1.9 million RMB/ton, the price of metallic dysprosium decreased by 30,000 RMB/ton to 2.54 million RMB/ton, and the price of dysprosium ferroalloy decreased by 40,000 RMB/ton to 1.86 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 prices of dysprosium series and terbium series in the heavy rare earth market had declined.
Market outlook
The price trend of dysprosium terbium series rare earths in the later stage mainly fluctuate to decline.
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