SunSirs: The Price Trend of Dysprosium Terbium Series in China Rose on September 20th
September 23 2024 10:57:36 SunSirs (John)
Price trend
On September 20th, the domestic prices of dysprosium terbium rare earth elements rose, and the recent trading situation on the exchange was average. The price of terbium oxide increased by 75,000 RMB/ton to 6.1 million RMB/ton, the price of terbium metal increased by 100,000 RMB/ton to 7.3 million RMB/ton, the price of dysprosium oxide increased by 5,000 RMB/ton to 1.775 million RMB/ton, the price of dysprosium metal was 2.39 million RMB/ton, and the price of dysprosium ferroalloy increased by 10,000 RMB/ton to 1.72 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 dysprosium terbium rare earths in China will mainly fluctuate in the later stage.
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