SunSirs: The Price Trend of Dysprosium Terbium Series in China Rose on December 24th
December 25 2024 10:57:25 SunSirs (John)
Price trend
On December 24th, the domestic prices of dysprosium terbium rare earth elements rose, and the recent trading situation on the exchange was average. The price of terbium oxide increased by 20,000 RMB/ton to 5.67 million RMB/ton, the price of metallic terbium increased by 50,000 RMB/ton to 7.075 million RMB/ton, the price of dysprosium oxide was 1.615 million RMB/ton, the price of metallic dysprosium was 2.165 million RMB/ton, and the price of dysprosium ferroalloy increased by 10,000 RMB/ton to 1.575 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 prices of dysprosium series and terbium series in the heavy rare earth market have risen.
Market outlook
The prices of dysprosium terbium rare earths in China are mainly fluctuating in the later stage.
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