SunSirs: The Price Trend of Dysprosium Terbium Series in China Rose on October 29th
October 30 2024 10:55:04 SunSirs (John)
Price trend
On October 29th, the domestic prices of dysprosium terbium rare earth elements rose. The recent trading situation on the exchange was average, with terbium oxide prices rising by 50,000 RMB/ton to 6.225 million RMB/ton, terbium metal prices rising by 50,000 RMB/ton to 7.45 million RMB/ton, dysprosium oxide prices rising by 15,000 RMB/ton to 1.77 million RMB/ton, dysprosium metal prices at 2.4 million RMB/ton, and dysprosium ferroalloy prices at 1.715 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 on-demand procurement was the main focus, 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 in the later stage is mainly fluctuating.
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