SunSirs: The Domestic Price Trend of Dysprosium Terbium Series Was Stable Temporarily on September 29th
September 30 2024 12:08:32 SunSirs (John)
Price trend
On September 29th, the domestic prices of dysprosium terbium rare earth elements remained stable. The recent trading situation on the exchange was average, with terbium oxide prices at 6.175 million RMB/ton, terbium metal prices at 7.4 million RMB/ton, dysprosium oxide prices at 1.78 million RMB/ton, dysprosium metal prices at 2.39 million RMB/ton, and dysprosium ferroalloy prices at 1.74 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. 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 were temporarily stable.
Market outlook
The price trend of dysprosium terbium rare earths in China will mainly fluctuate in the later stage.
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