SunSirs: The Prices of Some Dysprosium Terbium Series in China Increased on November 11th
November 12 2024 14:18:25 SunSirs (John)
Price trend
On November 11th, the prices of rare earth elements in the dysprosium terbium series in China rose. Recently, the trading situation on the market has been average, with terbium oxide prices at 6.2 million RMB/ton and terbium metal prices at 7.45 million RMB/ton. Dysprosium oxide prices increased by 10,000 RMB/ton to 1.765 million RMB/ton, dysprosium metal prices at 2.4 million RMB/ton, and dysprosium ferroalloy prices at 1.71 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 purchases were mainly based on demand, and the situation of new orders was average. The price of dysprosium series in the heavy rare earth market had risen, while the price of terbium series was temporarily stable.
Market outlook
The price trend of dysprosium terbium rare earths in China in the later stage is mainly fluctuating.
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