SunSirs: The Prices of Some Dysprosium Terbium Series in China Fell on November 5th
November 06 2024 14:21:44 SunSirs (John)
Price trend
On November 5th, the prices of some rare earth elements in the dysprosium terbium series in China fell. The recent trading situation on the exchange was average, with terbium oxide prices falling by 25,000 RMB/ton to 6.2 million RMB/ton, terbium metal prices falling to 7.45 million RMB/ton, dysprosium oxide prices falling by 10,000 RMB/ton to 1.76 million RMB/ton, dysprosium metal prices falling by 2.4 million RMB/ton, and dysprosium ferroalloy prices falling by 1.715 million RMB/ton.
Analysis review
Recently, the market for new energy vehicles in the terminal market has remained stable, with normal transactions among downstream permanent magnet material manufacturers of rare earths. Downstream purchases have been mainly based on demand, with average new orders. The prices of dysprosium series and terbium series in the heavy rare earth market have declined.
Market outlook
The price trend of dysprosium terbium rare earths in China in the later stage is mainly fluctuating.
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