Price trend
On July 16th, the domestic prices of dysprosium terbium rare earth elements remained stable. The recent trading situation on the exchange was average, with terbium oxide prices at 7.15 million RMB/ton, terbium metal prices at 8.825 million RMB/ton, dysprosium oxide prices at 1.68 million RMB/ton, dysprosium metal prices at 2.215 million RMB/ton, and Dy-Fe alloy prices at 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 risen.
Future outlook:
In the later stage, the domestic prices of dysprosium terbium rare earths will mainly fluctuate.
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