SunSirs: On April 23rd, the Price Trend of Dysprosium Terbium Series in China Declined

Price trend

On April 23, 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 decreased by 200,000 RMB/ton to 6.7 million RMB/ton, the price of terbium metal decreased by 300,000 RMB/ton to 8.45 million RMB/ton, the price of dysprosium oxide decreased by 10,000 RMB/ton to 1.64 million RMB/ton, the price of dysprosium metal was 2.22 million RMB/ton, and the price of dysprosium ferroalloy was 1.635 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 will mainly fluctuate and decline.

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