SunSirs: The Prices of Some Dysprosium Terbium Series in China Fell on October 10th
October 11 2024 10:06:14 SunSirs (John)
Price trend
On October 10th, the prices of some rare earth elements in the dysprosium terbium series in China fell. The recent trading situation on the exchange was average, with terbium oxide prices at 6.325 million RMB/ton, terbium metal prices at 7.55 million RMB/ton, dysprosium oxide prices falling by 20,000 RMB/ton to 1.82 million RMB/ton, dysprosium metal prices at 2.45 million RMB/ton, and dysprosium ferroalloy prices at 1.785 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 price of dysprosium series in the heavy rare earth market had declined, while the price of terbium series was temporarily stable.
Market outlook
The price trend of dysprosium terbium series in the later stage is mainly fluctuating.
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