Price trend
On February 8th, 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 50,000 RMB/ton to 6.175 million RMB/ton, the price of metallic terbium increased by 100,000 RMB/ton to 7.65 million RMB/ton, the price of dysprosium oxide increased by 1 RMB/ton to 1.725 million RMB/ton, the price of metallic dysprosium was 2.305 million RMB/ton, and the price of dysprosium ferroalloy increased by 10,000 RMB/ton to 1.68 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
In the later stage, the domestic prices of dysprosium terbium rare earths will mainly fluctuate to rise.
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