Some rare earth prices continue downward, demand continues to slump

Today, the rare earth market prices of some products continue to shock down , continued sluggish demand , turnover deserted. Downstream products are praseodymium , neodymium , dysprosium, gadolinium , europium, terbium and so on. Which praseodymium neodymium downward slightly, but some businesses offer slightly down to mainstream price points .

Dysprosium products, businesses today continue to have lowered the dysprosium oxide and dysprosium iron prices , relative to the current market price of dysprosium oxide , there has been a significant decline last week , comprehensive business feedback dysprosium oxide prices now more concentrated in 1.6 million yuan / ton in the vicinity , there are some 158 million low- emergence of dysprosium iron prices dropped to around 1.65 million yuan / ton. Along with dysprosium , europium, gadolinium , terbium oxide as well as the decline of the offer, and now according to some traders said gadolinium oxide is now shipping prices around 14.5-15 yuan / ton, in order to obtain a small profit , only to find more low-cost sources. Held in the current weak demand , competitors and more rare earth industry , but also to prevent the risk of decline in prices, many traders had to look for ultra low supply everywhere , all aspects of the business profits are on the decline .

Europium, terbium oxide , increasing price trend down , the lowest volume small . Currently part of the business by now I know that europium , terbium oxide shipments difficult , and occasionally received purchase inquiries, lower prices more serious. Europium, terbium oxide poor demand , vendors think the price outlook or further downstream. Currently comprehensive market feedback, europium oxide prices to 3700-3800 yuan / kg , terbium oxide with votes at around 3000-3050 yuan / kg , so the price is slightly lower than last week 50-100 yuan / kg.


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