China Dysprosium Oxide Prices - Feb. 20, 2020

China terbium oxide, neodymium oxide and dysprosium oxide prices edged higher because market inquiry is active but actual transactions need to be improved. 

In the light rare earth market, the prices of praseodymium and neodymium metal and its oxide products are at a relatively high level. Although most companies have resumed production, suppliers still have strong rised mentality and are unwilling to sell at low prices. In the medium and heavy rare earth market, the overall performance is strong. Affected by the coronavirus, the resumption rate of the southern heavy rare earth plants are still not high. There are many companies that reduce or stop production, resulting in insufficient raw material inventory, coupled with downstream magnetic materials slowly rise in demand, which can further strengthen the firm's confidence in quoting.

Prices of rare earth products on Feb. 20, 2020

Picture of dysprosium oxide

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