SunSirs: On March 27th, the Prices of Some Dysprosium Terbium Series in China Increased

Price trend

On March 27th, 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 6.575 million RMB/ton, terbium metal prices at 8.15 million RMB/ton, dysprosium oxide prices rising by 15,000 RMB/ton to 1.67 million RMB/ton, dysprosium metal prices at 2.27 million RMB/ton, and dysprosium ferroalloy prices at 1.635 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 has risen, while the price of terbium series was temporarily stable.

Market outlook

In the later stage, the domestic prices of dysprosium terbium rare earths will mainly fluctuate.

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