SunSirs: The Domestic Price Trend of Dysprosium Terbium Series Remained Stable Temporarily on October 23rd
October 24 2024 15:42:30 SunSirs (John)
Price trend
On October 23rd, the domestic prices of dysprosium terbium rare earth elements remained stable. The recent market trading situation was average, with terbium oxide prices at 6.075 million RMB/ton, terbium metal prices at 7.35 million RMB/ton, dysprosium oxide prices at 1.745 million RMB/ton, dysprosium metal prices at 2.4 million RMB/ton, and dysprosium ferroalloy prices at 1.705 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 risen, while the price of terbium series was temporarily stable.
Market outlook
The price trend of dysprosium terbium rare earths in China in the later stage is mainly fluctuating.
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