SunSirs: On September 5th, the Price Trend of Dysprosium and Terbium Series in China Increased
September 06 2023 10:28:59 SunSirs (John)
Price trend
On September 5th, the price trend of dysprosium terbium series rare earth in China increased. The recent market trading situation was average, with the price of terbium oxide increasing by 200,000 RMB/ton to 8.45 million RMB/ton, metal terbium increasing by 200,000 RMB/ton to 10.4 million RMB/ton, dysprosium oxide increasing by 20,000 RMB/ton to 2.55 million RMB/ton, metal dysprosium increasing by 30,000 RMB/ton to 3.28 million RMB/ton, and dysprosium iron alloy increasing by 30,000 RMB/ton to 2.48 million RMB/ton.
Analysis review
The recent market situation of terminal new energy vehicles was still good, and the transaction situation of downstream permanent magnet material manufacturers of rare earth was normal. As of September 5th, Myanmar's exports were normal, and downstream procurement was mainly based on demand. The price trend of dysprosium series in the heavy rare earth market had increased, while the price of terbium series had risen.
Market outlook
The price trend of dysprosium and terbium series in the later stage is mainly upward.
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