Feeble Activities in Terbium Oxide Market

Terbium oxide 99.99% market sees stagnant purchasing activities as end users from phosphor powder industry delay purchasing further. Meanwhile, most suppliers hold wait-and-see attitudes towards the market in the near term.

A source from a separation plant in South China shared that terbium oxide 99.99% inquiries keep rare in the terbium oxide spot market. “We quote Terbium oxide at RMB4,500/kg (USD722/kg) at present, unchanged from that of last week,” said the source. “We think terbium oxide 99.99% market is hard to pick up this year.”

“I heard that some suppliers are willing to sell the material at RMB4,300/kg (USD690/kg) for the time being,” added the source, revealing that the plant produces around 2 tons of terbium oxide 99.99% per month.

A source from another separation plant in South China also noted that most plants don’t want to reduce terbium oxide 99.99% prices, which could be lower than RMB4,500/kg (USD722/kg) at the moment. “Phosphor powder industry fails to revive, which leads transactions to remain rare in the Terbium oxide spot market,” said the source. “However, as we stopped the production activities, we prefer to watch the market further.”

“I concluded a small deal at RMB4,500/kg (USD722/kg) with a regular client a few days ago,” added the source, revealing that the plant produces around 3 tons of terbium oxide 99.99% per month. 

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