Price trend

On July 3rd, the domestic gadolinium europium yttrium market price trend declined, with gadolinium oxide prices dropping by 5,000 RMB/ton to 165,000 RMB/ton, europium oxide prices dropping to 180,000 RMB/ton, gadolinium iron alloy prices dropping by 2,500 RMB/ton to 162,500 RMB/ton, and yttrium oxide prices dropping to 49,000 RMB/ton.

Market outlook

The domestic light rare earth market prices had declined, but downstream was still in the stage of on-demand procurement. In the short term, the domestic light rare earth market prices will mainly fluctuate.

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