SunSirs: On February 18th, the Price Trend of Domestic Dysprosium Terbium Series Products Was Temporarily Stable
February 19 2024 14:12:20 SunSirs (John)
Price trend
On February 18th, the price trend of dysprosium terbium series rare earths in China was temporarily stable. The recent trading situation on the exchange was average, with the price of terbium oxide at 5.9 million RMB/ton, metal terbium at 7.2 million RMB/ton, dysprosium oxide at 1.93 million RMB/ton, metal dysprosium at 2.405 million RMB/ton, and dysprosium ferroalloy at 1.925 million RMB/ton.
Analysis review
The recent market situation for terminal new energy vehicles was still good, and the transaction situation of downstream permanent magnet material manufacturers of rare earths was normal. In recent times, downstream procurement was mainly based on demand, with average new orders. The price trend of dysprosium series in the heavy rare earth market was temporarily stable.
Market outlook
The price of terbium series is stable, and the later price trend is mainly stable.
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