SunSirs: The Domestic Price Trend of Dysprosium Terbium Series Was Stable Temporarily on December 3rd
December 04 2024 14:18:24 SunSirs (John)
Price trend
On December 3rd, the domestic prices of dysprosium terbium rare earth elements remained stable. The recent trading situation on the exchange was average, with terbium oxide prices at 595,000 RMB/ton, terbium metal prices at 7.25 million RMB/ton, dysprosium oxide prices at 1.685 million RMB/ton, dysprosium metal prices at 2.32 million RMB/ton, and dysprosium ferroalloy prices at 1.66 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 price of dysprosium series in the heavy rare earth market has decreased, while the price of terbium series was temporarily stable.
Market outlook
The price trend of dysprosium terbium rare earths in China will mainly fluctuate in the later stage.
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