SunSirs: The Prices of Some Dysprosium Terbium Series in China Increased on November 28th
November 29 2024 10:38:07 SunSirs (John)
Price trend
On November 28th, the prices of rare earth elements in the dysprosium terbium series in China rose. Recently, the trading situation on the market has been average. The price of terbium oxide increased by 25,000 RMB/ton to 595,000 RMB/ton, while the price of terbium metal was 7.25 million RMB/ton, dysprosium oxide was 1.69 million RMB/ton, dysprosium metal was 2.32 million RMB/ton, and dysprosium ferroalloy was 1.66 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 was temporarily stable, while the price of terbium series was rising.
Market outlook
The price trend of dysprosium terbium rare earths in China will mainly fluctuate in the later stage.
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