China Dysprosium Oxide Prices - Feb. 13, 2020

The terbium oxide, dysprosium oxide and praseodymium neodymium oxide prices edged higher but market deals are still hardly concluded. On the one hand, with the continuous of the coronavirus, some rare earth companies in the north have already resumed production. 

However, due to the high costs of epidemic prevention and wages of employees, production costs are high, squeezing product profits. In order to avoid risk of price inversion, prices of praseodymium and neodymium related products increased; on the other hand, downstream users' inventories are declining but the transport is restricted, which raises manufacturers' rised mentality.

Prices of rare earth products on Feb. 13, 2020

Picture of dysprosium oxide

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