This week the price of rare earth market dull downward bias

This week the rare earth market prices showed a downward trend , there are many varieties prices fell slightly , the market bias light. Magnets downstream product prices relatively stable , some businesses offer slightly pulled back slightly . March downstream demand has not been explosive growth , praseodymium , neodymium , dysprosium class manufacturer of rare earth magnetic materials reflect the lower purchasing some more , but the price is still low given the purchasing power is still weak.

This week , praseodymium , neodymium metal prices significantly lower than last week , the current market transaction prices fell 420,000 yuan / ton, the current price of neodymium oxide, praseodymium about 325,000 yuan / ton, down 5 1000 -1 yuan / ton. With the release of market supply , demand current downstream NdFeB manufacturers tend to stabilize , not eager to bulk purchases , according to the Guangdong region NdFeB manufacturers expressed the hope that a stable raw material prices , raw material prices before NdFeB products also rose price volatility of raw materials do not want to because the impact of the sale of the product. Meanwhile, the businesses that supply NdFeB price since late February price increases are not yet a substantial adjustment , stable prices , individual specifications offer slightly pulled back slightly 2 yuan / kg , the latter also look at whether the price adjustment and changes in demand for raw materials terminal .

Has the same trend with praseodymium , neodymium , and dysprosium, gadolinium products. According to Ganzhou supplier of dysprosium oxide prices have reflected this week , down from last week's 1.8 million to 175 yuan / ton, other local manufacturers feedback is slightly lower than the actual transaction price 1750000 / ton. With the downward dysprosium oxide , dysprosium iron, metal dysprosium prices are also different ranges down, the manufacturers currently dysprosium transaction price has dropped to 2.3 million yuan / ton. Gadolinium products market this week, gadolinium oxide and gadolinium iron turnover than last week lowered the price $ 5,000 / ton. Relative to the above products , europium, terbium weaker demand this week, europium oxide supplier quotations or continue down a steady 50-100 yuan / kg , similar to the volatility of terbium oxide , the same week, too few inquiries and purchases .


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