Price trend

On July 8th, 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 rising by 25,000 RMB/ton to 7.15 million RMB/ton, terbium metal prices at 8.825 million RMB/ton, dysprosium oxide prices at 1.665 million RMB/ton, dysprosium metal prices at 2.215 million RMB/ton, and dysprosium iron alloy prices at 1.625 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 risen.

Future outlook

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

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