SunSirs: The Prices of Some Dysprosium Terbium Series in China Fell on October 17th
October 18 2024 14:13:48 SunSirs (John)
Price trend
On October 17th, 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 falling by 50,000 RMB/ton to 6.15 million RMB/ton, terbium metal prices falling by 50,000 RMB/ton to 7.35 million RMB/ton, dysprosium oxide prices falling by 10,000 RMB/ton to 1.765 million RMB/ton, dysprosium metal prices at 2.4 million RMB/ton, and dysprosium ferroalloy prices at 1.735 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 of dysprosium terbium rare earths in China will mainly fluctuate in the later stage.
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