Love is more than a drop in price of dysprosium, reducing demand for rare earths

Today, in addition to the rare earth dysprosium products market prices continue to decline , most product prices will remain stable weak . Dysprosium oxide prices fell after consecutive complete return to a mid- late transaction price , according to the supplier of Ganzhou , dysprosium products prices fell mainly due to the impact of decreased demand , as technology advances , the current market for magnetic products element dysprosium demand has been reduced by half, and in the future may be further reduced. The absolute magnitude of praseodymium neodymium metals demand is still large , so the market is relatively stable and more. Comprehensive Baotou and Ganzhou area businesses offer situation , praseodymium , neodymium metal is currently with votes 410,000 yuan / ton or slightly higher , with no votes 345,000 yuan / ton. Dysprosium oxide prices fall from the current 1.65 million to 1.6 million yuan weekly / ton , there are vendors on the market as well as supply reflects lower prices , along with dysprosium iron market price trend down , the reference price of 165-170 yuan / ton .

China Rare Earth Industry Association, the latest market quotes show that the 26th decline in the price of many varieties , dysprosium oxide quote Bo suppliers also fell sharply . Currently the majority of rare earth products market quotations are down in the bottom position , gradually reduce the business profits. With the changes in downstream demand, the profitability of different products gradually changed , control and adjust the production cost becomes more important.


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