Dysprosium Oxide Price - Aug. 01, 2018

Chinese rare earth prices show signs of decline as the market still faces great pressure from imbalanced supply and demand. Dysprosium oxide price declined to RMB 1,155/ton from RMB 1,160/ton previous, while praseodymium neodymium metal declined to RMB 420,000/ton from RMB 423,000/ton.

Sellers are difficult in sales, although production is limited under environmental checks. Some are considering profit-taking, some consider taking long positions, and some are undecided. So price levels are dropped and people wait and see at the beginning of August. 

Prices of rare earth products on Aug. 01, 2018

Picture of neodymium oxide

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