SunSirs: The Prices of Some Rare Earth Products in the Dysprosium Terbium Series in China Increased on September 6th
September 09 2024 14:20:14 SunSirs (John)
Price trend
On September 6th, the prices of rare earth elements in the dysprosium terbium series in China rose. Recently, the trading situation on the market had been average, with terbium oxide prices rising by 50,000 RMB/ton to 5.975 million RMB/ton, terbium metal prices at 7 million RMB/ton, dysprosium oxide prices at 1.79 million RMB/ton, dysprosium metal prices at 2.385 million RMB/ton, and dysprosium iron alloy prices at 1.765 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. Recently, downstream purchases were mainly based on demand, and the situation of new orders was average. The prices of dysprosium series and terbium series in the heavy rare earth market had risen.
Market outlook
The price trend of heavy rare earths in the later stage is mainly upward.
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