SunSirs: The Prices of Some Dysprosium Terbium Series in China Fell on November 26th
November 27 2024 10:44:46 SunSirs (John)
Price trend
On November 26th, the prices of 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 6.05 million RMB/ton, terbium metal prices falling by 50,000 RMB/ton to 7.3 million RMB/ton, dysprosium oxide prices at 1.71 million RMB/ton, dysprosium metal prices falling by 20,000 RMB/ton to 2.34 million RMB/ton, and dysprosium ferroalloy prices at 1.67 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 in the later stage is mainly fluctuating.
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