SunSirs: The Prices of Some Domestic Dysprosium Terbium Series Products Fell on September 13th
September 14 2024 10:40:37 SunSirs (John)
Price trend
On September 13th, the domestic prices of dysprosium terbium rare earth elements declined. The recent trading situation on the exchange was average, with terbium oxide prices at 6.025 million RMB/ton, terbium metal prices at 7.2 million RMB/ton, dysprosium oxide prices falling by 10,000 RMB/ton to 1.77 million RMB/ton, dysprosium metal prices falling by 20,000 RMB/ton to 2.39 million RMB/ton, and dysprosium ferroalloy prices falling by 10,000 RMB/ton to 1.71 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 declined.
Market outlook
The price trend will mainly fluctuate in the later stage.
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