SunSirs: The Price Trend of Dysprosium Terbium Series in China Declined on November 7th
November 08 2024 10:23:44 SunSirs (John)
Price trend
On November 7th, the domestic prices of dysprosium terbium rare earth elements declined, and the recent trading situation on the exchange was average. The price of terbium oxide was 6.2 million RMB/ton, the price of terbium metal was 7.45 million RMB/ton, the price of dysprosium oxide decreased by 5,000 RMB/ton to 1.755 million RMB/ton, the price of dysprosium metal was 2.4 million RMB/ton, and the price of dysprosium ferroalloy decreased by 5,000 RMB/ton to 1.71 million RMB/ton.
Analysis review
Recently, the market for new energy vehicles in the terminal market had remained stable, with normal transactions among downstream permanent magnet material manufacturers of rare earths. Downstream purchases had been 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 rare earths in China in the later stage is mainly fluctuating.
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