SunSirs: The Prices of Some Dysprosium Terbium Series in China Fell on November 19th
November 20 2024 15:55:28 SunSirs (John)
Price trend
On November 19th, the prices of rare earth elements in the dysprosium terbium series in China declined. Recently, the trading situation on the market has been average, with terbium oxide prices falling by 50,000 RMB/ton to 6.025 million RMB/ton, terbium metal prices falling by 7.275 million RMB/ton, dysprosium oxide prices falling by 30,000 RMB/ton to 1.685 million RMB/ton, dysprosium metal prices falling by 15,000 RMB/ton to 2.355 million RMB/ton, and dysprosium ferroalloy prices falling by 20,000 RMB/ton to 1.655 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
In the later stage, the domestic prices of dysprosium terbium rare earths mainly fluctuated and fell.
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