Price trend
On June 12th, some prices in the domestic gadolinium europium yttrium market declined, with gadolinium oxide prices dropping by 2,500 RMB/ton to 167,500 RMB/ton, europium oxide prices dropping to 180,000 RMB/ton, gadolinium iron alloy prices dropping by 2,500 RMB/ton to 160,000 RMB/ton, and yttrium oxide prices dropping to 49,000 RMB/ton.
Market outlook
The price trend of domestic light rare earth market had declined, but downstream was still in the on-demand procurement stage, with prices mainly fluctuating and falling in the short term.
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